Bitcoin Cash Plummets 20% Amid Mt. Gox Repayment Announcement and Liquidity Crisis

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10 months ago bitnews

Bitcoin Cash (BCH) experienced notable disruptions last week following a significant announcement from Mt. Gox regarding creditor repayments. The news centered on the reimbursement plan for a 2014 hack, involving roughly $73 million worth of BCH among other tokens. This announcement resulted in a dramatic 20% decline in BCH’s value, marking its largest drop since