RE: WTF is MT.Gox doing?

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WTF is MT.Gox doing?

in bitcoin •  7 years ago 

What I don't understand:

  1. They sold Bitcoins for Fiat? Why didn't they give Bitcoins instead?

  2. I heard that the trustee uses Kraken so Kraken had at least $400 million in fiat? Can this be a risk of insolvency for Kraken? Never thought they have so much money...

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