Mt. Gox is conducting an email verification for users to confirm ownership of accounts linked to BTC and BCH payment addresses.

Creditors are being paid in Japanese yen via PayPal, with further repayments planned until 2024.

There are speculations that Mt. Gox might release between 142,000 to 200,000 BTC into the market soon, which could occur within the next 60 days.

The exchange also possesses 143,000 BCH and holds 69 billion yen, adding to market speculation about potential impacts.

The crypto community, including analysts and enthusiasts, is keenly observing the developments for any confirmations from Mt. Gox.