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Crypto Crisp: There it was, the height of Mt. Gox fear

Crypto Crisp: There it was, the height of Mt. Gox fear

The Mt. Gox estate announced today that it will begin repaying creditors, with the total repayment amounting to as much as $8.5 billion, starting in July. The market reacted negatively to this news, causing Bitcoin to drop by 4%. However, we believe we are at or near peak panic, so there is, in reality, not much to fear.