Crypto News: $312 Million in Mt Gox Cryptos Possibly Sold Via BitPoint Exchange by sydesjokes

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· @sydesjokes ·
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Crypto News: $312 Million in Mt Gox Cryptos Possibly Sold Via BitPoint Exchange
<center>![$312 Million in Mt Gox Cryptos Possibly Sold Via BitPoint Exchange](https://api.kblog.io/image/uploads/blog/Vm0xMFlWbFdWWGhYYms1U1lrVndVbFpyVWtKUFVUMDk==/News_File_Image_2801.jpg)</center>

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> What appear to be leaked bank documents suggest that millions of dollars-worth of cryptocurrency from the now-bankrupt bitcoin exchange Mt. Gox may have been sold on the the open market through Japan’s BitPoint exchange last year.

> Goxdox, a site dedicated to supporting the creditors of Mt. Gox, published images of bank transactions on Tuesday, stating that they show payments in Japanese yen from BitPoint to the account of the Mt. Gox trustee, Nobuaki Kobayashi. The payments amount to 34.3 billion yen (about $312.5 million at today’s exchange rate).

> The most likely explanation is that the payments represent fiat funds resulting from the sale of bitcoin and bitcoin cash from Mt. Gox, the site concluded, saying:

> “Unless BitPoint is being really generous, we’d wager the reason they are depositing billions JPY into the trustee’s bank account is because they were hired to sell the MtGox Estate’s BTC/BCH.”

<p><br>Full story <a href='https://www.coindesk.com/312-million-in-mt-gox-cryptos-possibly-sold-via-bitpoint-exchange' target='_blank'>HERE</a></p>

<p><br>Source: <a href='http://coindesk.com' target='_blank'>CoinDesk</a></p>

<p><br><a href='https://twitter.com/intent/tweet?text=$312+Million+in+Mt+Gox+Cryptos+Possibly+Sold+Via+BitPoint+Exchange+http%3A%2F%2Fbit.ly%2F2SfY4r6+%23Bitcoin+%23Blockchain+%23Cryptocurrency+via+%40SydesJokes&related=exploretravel1,FHStralow,JoanStewart1,joygreenchoices,Mobile_ZA,SydesJokes,ColinSydes,SuperiorCoins,KRYPT0N1A,KBlog_io,entrepreneur916' target='_blank'>[Tweet This Story]</a></p>

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@cheetah ·
Warning! This user is on my black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
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@kryptoniabot ·
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@kcherukuri ·
Atleast some freezed assets will be available in market.
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