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Nakamoto owes Kraken $165m, more than market value

Negative-26

GreyOak summary

Bitcoin firm Nakamoto owes Kraken $165 million, exceeding its total market value. The coins were purchased at roughly $118,000 each, while Bitcoin currently trades under $69,000.

What it affects

  • BitcoinNegative -26

    Rolling sentiment Negative -37

Source

Read the original at CoinDesk

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