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When will the final distribution of Bitcoin to Mt. Gox creditors occur?
3
Resolution / Starting Odds
Before September 30, 2024 • 25%
Between October 1, 2024, and October 31, 2024 • 25%
Between November 1, 2024, and November 30, 2024 • 25%
After December 1, 2024 • 25%
Official announcement from Mt. Gox Trustee or verified reports from major financial news outlets
Story
$2 Billion Mt. Gox Bitcoin Wallet Moves, Signals Final Distribution
Aug 13, 2024, 01:01 PM
A significant movement of Bitcoin has been detected from a wallet associated with the defunct Mt. Gox exchange. On August 13, 2024, reports indicate that a wallet holding $2.19 billion worth of Bitcoin, identified by the address starting with bc1q26, has initiated test transactions. This wallet is believed to be linked to BitGo, the fifth and final exchange working with the Mt. Gox Trustee to distribute funds to creditors. The activation of this wallet, which involves $2 billion, could indicate the commencement of the final distribution phase to Mt. Gox creditors. Arkham Intel and various crypto news outlets have reported on this development, highlighting the potential conclusion of a long-standing process to reimburse those affected by the Mt. Gox collapse.
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