Effects-of-Mt.-Gox-Trustees-400-Mln-Sale-on-Bitcoin-Market
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Effects of Mt. Gox Trustee’s $400 Mln Sale on Bitcoin Market

On March 7 a report addressed to the Tokyo District Court revealed that a Mt. Gox bankruptcy trustee – Nobuaki Kobayashi – may have contributed to the three month downtrend in the cryptocurrency market. Over the past three months, Nobuaki Kobayashi has sold over $300 mln in Bitcoin on two public exchanges. Some critics believe Kobayashi’s sales put so many …