Selling cryptocurrency of a bankrupt exchange Mt.Gox was called the most serious factor that led to the fall in the value of digital assets during this year. The idea was to sell the currency for almost 900 million dollars. But they decided not to make these transactions.
Managing director of the Mt.Gox exchange, Nobuaki Kobayashi, said that the company will no longer implement the cryptocurrency, which is on the company's accounts. Previously, the firm had sold cryptocurrencies for a total of about $400 million for half a year - since December 2017.
The stoppage of sales is happening because of the launched crypto-exchange recovery process. Rehabilitation will begin next year.
Source - Anonymous
