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Mark Karpeles, center, chief executive of defunct bitcoin exchange Mt Gox, attends a news conference after a trial on charges of embezzlement in Tokyo, Japan July 11, 2017.

Crypto investors are hopeful that Mt Gox’s bitcoin sell-off will be halted until September

The next Mt Gox creditors meeting isn't until September 18 and many investors are speculating that this means trustees can't sell any more bitcoin until then.
Graffiti on the outskirts of Vilnius city center in Lithuania.

Bitcoin is slumping and analysts say there are 3 big reasons for the ‘fear and panic’

Charles Hayter, the CEO of CryptoCompare, said: "It’s the usual — fears on regulation in the US after ICO subpoenas and exchanges coming under fire."
Kolin Burges, a self-styled cryptocurrency trader and former software engineer from London, holds up a placard to protest against Mt. Gox, in front of the building where the digital marketplace operator was formerly housed in Tokyo February 26, 2014.

‘This is horse s—‘: Bitcoin traders are angry that Mt Gox’s crypto stash is being ‘dumped’ on the market

Crypto traders are concerned that large bitcoin sales from Mt Gox's trustees could be affecting the price of the digital asset.
Mark Karpeles, chief executive of Mt. Gox, attends a news conference at the Tokyo District Court in Tokyo February 28, 2014.

The CEO of bitcoin exchange Mt Gox described what it was like to discover he had been hacked: ‘It felt like I was about to die’

Karpeles reportedly spent tens of thousands of dollars on high-end equipment for a bitcoin cafe.