1: Mt Gox, the defunct cryptocurrency exchange, is set to release 9 billion dollars in Bitcoin to creditors soon.
2: After filing for bankruptcy in 2014, Mt Gox's trustee has finally received approval to distribute the funds to those affected by the hack.
3: The release of these funds could potentially impact the price of Bitcoin in the market as creditors receive their long-awaited payments.
4: This settlement marks a significant step in the Mt Gox saga, providing some closure to the thousands of individuals who lost their funds in the hack.
5: Investors are eagerly awaiting the distribution of the funds, hoping to recoup some of their losses from the Mt Gox debacle.
6: The trustee's decision to release the funds comes after years of legal battles and negotiations with creditors and other parties involved in the case.
7: As one of the largest Bitcoin exchanges at the time, Mt Gox's collapse in 2014 sent shockwaves through the cryptocurrency community.
8: The release of the 9 billion dollars in Bitcoin signifies a major milestone in the long road to recovery for those affected by the Mt Gox hack.
9: Stay tuned for updates on the distribution of funds and the potential impact on the cryptocurrency market as Mt Gox prepares to release 9 billion in Bitcoin.