SummaryDespite substantial hacks, most Mt. Gox victims will be compensated 5-6 times the value of their Bitcoin investments at the point of the withdrawal freeze in 2014.Mt. Gox's $3 billion BTC position will not be liquidated at once or in its entirety to fund creditor payouts. Plus many creditors will take payouts in BTC and hold.The slower, more energy intensive Bitcoin is generally thought to have won-out over Bitcoin Cash because it was perceived to be more secure.Sound custody arrangements for both digital asset marketplaces and exchange traded products should include majority cold storage and proof of reserves audits.Entrenched energy and food price growth along with a now stubborn core inflation are continually driving the Fed into additional large rate hikes. This environment is unfavorable for digital assets.The article below looks at where the infamous Mt. Gox bankruptcy stands as well as the renewed rumors that its Rehabilitation Plan could negatively impact Bitcoin (BTC-USD) and Bitcoin Cash (BCH-USD) prices. In addition to the past strength of a simple HODL strategy, the Mt. Gox discussion also highlights two takeaways for digital asset investments more broadly: The high relative value of a blockchain's majority chosen fork Sound custody arrangements include cold storage and proof of reserves audits But before moving to Mt. Gox, it is useful to keep in mind that macroeconomic factors currently overshadow any fund...
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