Hedge Fund Increases Mt. Gox Creditor Offer to USD 1,300 per Bitcoin


The New York-based hedge fund Fortress Investment Group has upped its offer as it looks to buy up creditor claims from Mt. Gox, the cryptocurrency exchange that monumentally collapsed in 2014, leaving thousands of bitcoin (BTC)-holding customers out of pocket. Per Bloomberg, the hedge fund has made its decision “in the wake of this year’s bitcoin rally,” read more

Tim Alper