Mt. Gox’s former CEO Karpeles: There are no immediate plans to sell Bitcoin

Today, as the Mt. Gox exchange, which moved more than 120,000 Bitcoins to another wallet, prepares for payments, former CEO and owner Mark Karpeles commented on the transfers. Gox exchange is preparing for payments, Mark Karpeles, former CEO and owner of the company, commented on these transfers. Karpeles said, “Payments will probably start. Therefore, transfers are being made. I don’t think there will be a sale in the short term.”

Mt. Gox’s former CEO Karpeles: There are no immediate plans to sell Bitcoin

Jed McCaleb, founder of Stellar (XLM), was asked by Jed McCaleb to buy the card exchange site “Magic: The Gathering” in 2011 and turned it into Mt. Gox in 2011, Mark Karpeles evaluated the exchange’s Bitcoin transfers.

Karpeles, who was blamed for the theft of more than 800,000 BTC from the exchange, which suffered a hack attack in 2014 due to its lack of attention to security, said the following about the transfers of the company, which he now has no authority over:

“As far as I know, there is no problem with Mt. Gox as far as I know. The bankruptcy administration is transferring coins to a different wallet for payments expected this year. There is no Bitcoin sale that will take place in the near future.”

Mt. Gox sent more than 120 thousand Bitcoins to another address this morning and did not give any explanation. In the company’s last statement, it was only informed that no BTC or BCH sales were made in any way.

Some panicked investors sold their BTCs out of fear that “Sales will come”. Bitcoin price fell below $68 thousand.

Leave a Comment