Mt. Gox moves $2.2B of Bitcoin, adding to BTC selling pressure
More than $9.4 billion worth of Bitcoin was owed to about 127,000 Mt. Gox creditors for over 10 years. Go to Source
Mt. Gox Creditors
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Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl
Despite receiving over $4 billion worth of Bitcoin, which has appreciated by over 8,500% in the 10 years since Mt. Gox collapsed, the exchange’s creditors continue to hold their assets. Go to Source
Bitstamp starts Mt. Gox creditor repayments
The announcement comes three days after the Mt. Gox Trustee executed the first test transactions on Bitstamp exchange. Go to Source
Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC
Mt. Gox creditors aren’t selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC. Go to Source
Mt. Gox sees $3.2B BTC in outflows in just two hours
In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves. Go to Source
Mt. Gox creditors report multiple brute force attempts on their accounts
Mt. Gox’s claims website is currently down for maintenance, while Mt. Gox creditors are still looking for an explanation behind the recent flood of login attempts. Go to Source
Mt Gox Initiates Bitcoin Repayments to Creditors
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox has moved significant bitcoin amounts ahead of its planned $9 billion repayment. Bitcoin’s price dropped amid these developments and other market activities. Mt. Gox Begins … Read more
Mt. Gox moves $9.6B worth of Bitcoin. Are creditors finally being repaid?
The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline. Go to Source
FTX repayments could create ‘bullish overhang’ for crypto markets — K33 Research
“Not all creditor repayments are bearish,” said K33’s analysts, noting FTX’s cash payouts versus the crypto repayments from Gemini and Mt. Gox. Go to Source
Mt. Gox top creditor goes with early payout option: Report
The creditor will be paid by September this year instead of waiting for all the legal processes to be finished. Go to Source Powered by WPeMatico
