Mt. Gox Doomsday Scenario Involves Bitcoin Cash (BCH), not Bitcoin (BTC)

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Mt. Gox Doomsday Scenario Involves Bitcoin Cash (BCH), not Bitcoin (BTC)

Mt. Gox Doomsday Scenario Involves Bitcoin Cash (BCH), not Bitcoin (BTC)

In addition to the roughly $9.5 billion in BTC the former exchange will send back to its customers, Mt. Gox will also send back 143,000 BCH worth around $73 million. CoinGecko data shows that Bitcoin Cash has a daily trading volume of $308.8 million, making this redemption worth around 24% of that number.

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