After being postponed for several times, the hacjed Mt. Gox bitcoin will finally be sent to the rightful owners of those BTC in 10 days time i.e, october 15, 2020. The last date of the rehabilitation plan was july, set in March this year by the Tokyo District Court.
The Japan-based Bitcoin exchange was launched in 2010, which was managing 70% of all bitcoin transactions worldwide. Between 2011 and 2013, the exchange reported the loss of around 840k BTC, about 6% of all bitcoin in existence at the time. The initial loss of funds sent the price of one Bitcoin on the exchange to just one cent. At the time of writing, BTC/USD has been trading at $10,700. The company announced bankruptcy, and although 650,000 BTC were never recovered, 200,000 BTC were in fact recovered. At one point, Mt. Gox was investigated by the US Department of Homeland, and a former business partner sued to claim a brench of contract.
Volatility Coming for Bitcoin?
After going through various deadline postponements, the day could finally be here. This has rattled some of the market participants who believe this could have a "catastrophic impact" on the price of BTC. According, to one such participant, 
However, it is a very real possibility that bitcoin won't react at all. In, 2020, we saw MicroStrategy bring about $425 million worth of BTC that did not affect whatsoever on the price of the leading digital assect. Bitcoin has become almost boring for many traders, with its 180 day volatility falling to a two year low. The digital asset is holding strong to its $10k mark; as a matter of fact, Bitcoins winning streak of sustaining above $10,000 has made a new high of 70 days. As per data source IntoThe Block, 
