Mt. Gox Bitcoin Dump Killed Last Summer’s Price Rally, New Report Suggests

bitcoin whale mt.gox

A new report by GoxDox, allegedly shows that Mt.Gox trustee Nobuaki Kobayashi dumped bitcoin on cryptocurrency exchanges despite maintaining claims to the contrary. Leaked documents presented in the report point to a massive Bitcoin dump to the tune of $312 million. The Mt.Gox Bitcoin Dumpening According to GoxDox, the Tokyo Bitcoin whale ignored the advice of Kraken CEO, Jesse Powell, on the modalities for the Mt.Gox bitcoin sale. At the time, there were fears of

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Tokyo Bitcoin Whale Strikes Again: Mt. Gox Bankruptcy Trustee to Blame for Latest Bitcoin Price Drop

Reports have emerged that the Mt. Gox bankruptcy trustee, Nobuaki Kobayashi is gearing up for another round of bitcoin selling. According to Blockchain.info, 8,200 BTC was moved from the fund’s cold wallet. In response, the price of bitcoin has dropped below $9,000 over fears the coins may be sold on the online exchange market and not on OTC platforms. Bitcoin Falls Below $9,000 in the Wake of Latest Mt. Gox Selloff Bitcoin has been on

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Is the Mt. Gox ‘Bitcoin Whale’ Gearing Up for Another $170M Selloff?

Nobuaki Kobayashi, the infamous bitcoin whale, and the lead attorney for the Mt. Gox trust may be gearing up for another selloff. Another Round from the Tokyo Bitcoin Whale Kobayashi earned the moniker the “Tokyo bitcoin whale” when he sold $400 million worth of bitcoin and Bitcoin Cash from December 2017 to February 2018. The crypto sale is part of the efforts to pay off the credits of the defunct Mt. Gox bitcoin exchange that went

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