In the world of digital currency, a shocking event is about to take place. MT. Gox Exchange announced that it would repay 150,000 bitcoins to creditors. This news was like a bombshell, stirring up waves in the entire cryptocurrency market. The Mentougou incident will become an important node in the history of Bitcoin. Let us uncover this thrilling story together.

As a giant in Bitcoin exchanges, MT. Gox was once a leader in the industry, but it suddenly declared bankruptcy in 2014, causing an uproar. The repayment of 150,000 bitcoins will be an important curtain call for MT. Gox's bumpy journey, and it is also a profound reflection and lesson for the entire digital currency field.

In this storm, the price of Bitcoin will also be greatly affected. How will investors' minds change? How will the market respond to this major change? Let's explore in depth and uncover the truth behind this.

First, let's review the rise and fall of MT. Gox. This exchange was once one of the world's largest Bitcoin trading platforms, with a large trading volume and a reputation. However, the bankruptcy in 2014 surprised everyone. The outbreak of the Mentougou incident has plunged the Bitcoin market into chaos, and investors' confidence has been severely hit.

The repayment of 150,000 Bitcoins is undoubtedly an important move by MT. Gox to restore its reputation. How will this move affect the market trend? Will the price of Bitcoin fluctuate violently again? These questions are all on the minds of investors.

In addition, the Mentougou incident has also triggered discussions on the regulation of digital currency exchanges. How to establish a more sound regulatory mechanism? How to prevent similar incidents from happening again? These issues need to be resolved urgently and will have a profound impact on the future of the entire industry.

In this storm, the fate of Bitcoin is bound to be greatly affected. Investors need to be more cautious, and exchanges need to be more prudent. The repayment of 150,000 Bitcoins will become an indelible chapter in the history of digital currency and will also lead the industry to a new peak of development.

In summary, the announcement by MT. Gox that it will repay 150,000 Bitcoins to creditors is undoubtedly a major event in the Bitcoin world. The aftermath of the Mentougou incident will continue to affect the market and will also arouse more thinking about the future of digital currency. Let us witness this historic moment together and explore the future of the digital currency world.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

The once-prosperous Japanese Mt.Gox collapsed without warning in 2014 after being hacked and losing 850,000 bitcoins, affecting nearly 24,000 creditors and causing losses of more than billions of dollars. Now, after more than seven years, the long-delayed repayment plan has finally seen the light of day.

Mt.Gox principal Nobuaki
Kobayashi announced on the 16th that the repayment plan submitted to the Tokyo District Court of Japan in February this year has been finalized and binding after being confirmed by the Tokyo District Court on October 20.

According to previous reports, Nobuaki
Kobayashi just announced on the 20th of last month that 83% of creditors voted in favor of the repayment plan. After the repayment plan becomes final and binding, creditors will soon be able to register their bank account information on the website to obtain compensation.

Nobuaki Kobayashi said in the announcement on the 16th that he will keep in touch with creditors regarding the details of the specific time, procedures and amount of debt repayment in accordance with the approved repayment plan.

It is not clear whether the compensation will be paid in Bitcoin or fiat currency. Nobuaki Kobayashi said that creditors may need to register their bank account details on the website to receive compensation, otherwise they may encounter difficulties.

Victims question

Although according to Nobuaki Kobayashi, creditors will be able to receive compensation fairly quickly after filing a claim, some victims have questioned this, saying that even they have not received information about the liquidation plan.

One victim said on Twitter: For about 2 days, the Internet has been full of rumors that creditors affected by the collapse of Mt.Gox will receive compensation. Unfortunately, I am one of the victims and we are the first to be informed so far. Before anything was made public, the decisions of Mt.Gox and the court were sent to us by email or snail mail. The last message I received from Mt.Gox was to confirm participation in the vote on the draft liquidation plan, and there has been no news since then.

The victim further stated: When I log on to the Mt.Gox website, I can't see any news about the liquidation plan.

This is why I think these rumors are nonsense. This may be true, but in my opinion, the victims of the exchange collapse should be the first to be informed. Don't panic. I promise that once I get any official information from the exchange or the court, I will provide more information.

150,000 Bitcoins will be used to repay creditors

Mt.Gox was first launched by JedMc Caleb in 2010 and acquired by Mark
Karpelès in 2011. It was one of the largest cryptocurrency exchanges in the early days and managed 7% of the total supply of Bitcoin in the market at its peak.

However, in the 2014 hack, Mt.Gox lost a total of 850,000 Bitcoins, affecting nearly 24,000 creditors, which was worth only $430 million at the time. If converted at a Bitcoin price of $60,000, these coins are now worth $51 billion, but now, only about 150,000 Bitcoins will be used to repay creditors.