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.
![Crypto Crisp: There it was, the height of Mt. Gox fear](https://stenoresearch.com/wp-content/uploads/2024/02/Crypto-Crisp-Your-Weekly-Cryptocurrency-Roundup-1080x675.png)