If you're part of the crypto space for a few years or so you might have probably heard about the famous Mt. Gox hack, one of the biggest hacks in the history of BTC, when almost 800,000 Bitcoins were stolen from the exchange, which was at that time the biggest crypto exchange in the world, registering about 70% of the total Bitcoin transactions.

It was February 2014 when the hack took place and the price of one BTC was just $400 back then... Yep, it was once that cheap to buy a whole Bitcoin. Nowadays not too many own one damn BTC if we think a bit. 

150,000 Bitcoins, which are merely 15% of the total hacked value, are still to be returned to creditors and [according to cryptopotato](https://cryptopotato.com/the-mt-gox-150000-bitcoin-return-deadline-here-is-what-you-need-to-know/) there is a rehabilitation plan for the unfortunate ones that has a deadline. [Mr Whale](https://twitter.com/CryptoWhale) posted on twitter recently the "Announcement of Order to Change Submission Deadline for Rehabilitation Plan" given by the Tokio District Court, after postponing the plan on the date of June 30.

![EjhSwGSXgAAoXuO.jpg](https://i.imgur.com/YSiLJKP.jpg)
[image source](https://twitter.com/CryptoWhale/status/1312896921623769089/photo/1)

**What does that mean?**

Well, if we consider that 150,000 Bitcoins are worth about 1.6 billion dollars and that at the current price the creditors would sit on a 2,600% ROI that would become a catastrophe for the price of BTC as it would suffer tremendously due to the immense selling pressure if creditors would start dumping. It doesn't have to happen though, and probably it won't happen, because October 15 is the date when a *rehabilitation plan* has to be submitted actually. 

It's not like 150,000 BTC will be instantly given back to creditors. If that would happen most of the creditors would definitely celebrate while the markets would start bleeding. The way I see it, October 15 is the date when the creditors should have a clear plan on how... and probably when they will put their hands on their cryptos. We're talking about a plan not an instant refund. 

The refunds will probably be sequenced and the amount of BTC getting into the hands of the creditors won't have too much of an impact on the market. It might also be the case that a clause would force them to cash out on their BTC on OTCs... or it might also happen that creditors would receive cash instead of BTC, who knows. Nothing's clear, but we should pay attention to this date. It's ten days from now guys.

*Thanks for attention,*
*Adrian*  

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