Japanese lawyer and head of the Board of Trustees of the infamous MtGox bitcoin exchange Nobuaki Kobayashi may stop selling bitcoins of the bankrupt enterprise until the next court session scheduled for September 18, 2018. This is the opinion publishing platform.
It is worth noting that many market analysts associate the deep collapse of the price of the first cryptocurrency with the sale of 35,841 bitcoins and 34,008 Bitcoin Cash coins owned by MtGox, totaling $406.6 million.
In the publication think that Kobayashi will be able to continue selling the remaining 166 000 BTC after the court hearing, that will be a major respite for the cryptocurrency market being in limbo. However, there are those who do not agree with this statement.
one Twitter user refutes information about the suspension of sales, because, as he emphasizes, Kobayashi already has the necessary permission, and on September 18 there will be only another meeting of creditors. However, he added that there is a possibility that creditors can receive the remaining dividends in bitcoin equivalent.
However, many lenders require payment in Japanese yen, so I wouldn't discard the option of future sales of bitcoins.