Fortress Offered Mt. Gox Lenders $5,000 for Each Bitcoin
One of the largest investment companies Fortress has updated and significantly improved its offer to creditors of the infamous Mt. Gox. Now they offer to buy every Bitcoin of a bankrupt site for 5 thousand US dollars, which is about 70% of the current market value of the first cryptocurrency. The letter, which was sent to creditors, mentioned lengthy litigation initiated by two major creditors: the parent company of the exchange - Tibannee and CoinLab. “These lawsuits may delay or reduce payments to your requirements,” the letter says. This offer is valid until December 31, 2019, then it will not be available. Recall that previously Fortress offered the figure $900 per coin.