Panic! but no disco is in this context. Rumours of offloading cause panic as BTC price volatility returns. 📉
at the time, Kobayashi gave"the end of August" as a reference period during which some initial payments might begin.
"Following discussions with the Court and in accordance with the Rehabilitation Plan, the Rehabilitation Trustee plans to set the Assignment, etc. Restriction Reference Period from approximately the end of August this year until all or part of the repayments made as initial repayments is completed for safe and secure Repayments," part of it read.
With no new official information appearing on the dedicated website covering the rehabilitation proceedings, however, it remained unclear as to why the sell-off rumors had gained so much traction so quickly. Also this is only for those who choose the early lump sum payment which means they only get a portion of their bitcoin. Those who wait until the end of civil rehabilitation period will get more which is years from now.For trader and analyst Josh Rager, meanwhile, even if the full hoard of BTC were sold at once, the resulting selling pressure would not create the kind of apocalyptic event some imagined.
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