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Mt. Gox Begins Bitcoin Transfers for Creditor Repayments with 0.021 BTC ($1.39K)

Jul 22, 2024, 07:14 AM

Mt. Gox has begun transferring Bitcoin as part of its repayment process to creditors. Recently, 0.021 BTC, valued at $1.39K, was moved to a new wallet, with 0.000017 BTC transferred to Bitstamp, according to Arkham. Mt. Gox currently holds 90,344 BTC, worth approximately $6.11 billion. These movements, following 6 days without activity, are seen as preparatory steps for larger repayments to creditors, marking significant progress in the long-standing 'Mt. Gox Saga'.