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Mt. Gox Begins Final Payouts, Transfers 13,265 BTC Worth $784M

Aug 21, 2024, 12:19 AM

The long-awaited final payouts from the 2014 Mt. Gox hack have begun, with victims receiving over $2 billion in Bitcoin. A recent transaction involved the transfer of 13,265 BTC, valued at approximately $784 million, to new addresses. Specifically, 12,000 BTC were moved to a new address, while 1,265 BTC were transferred to a Mt. Gox cold wallet. Only 20,000 BTC remain to be distributed. This marks a significant step in resolving the aftermath of one of the largest cryptocurrency hacks in history.