New information has emerged about the Mt Gox Investment Fund, the largest creditor of the bankrupt exchange. The fund reportedly plans to hold on to the tokens it is due to receive later this year, rather than selling them. The Mt Gox Investment Fund chose to receive an early payout, and is set to receive 90% of what can be collected, with a ratio of 70% Bitcoin and 30% cash. The deadline for creditors to register their payment method is April 6. The trustee of Mt. Gox, Nobuaki Kobayashi, has BTC 141,686 under their control, causing some concerns that the release of the Bitcoin from the trove could trigger a major market sell-off. However, the fund’s reported decision to hold on to their tokens may prevent this scenario.
