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Aug 1, 05:19 PM
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Crypto

Mt. Gox Holds 32.9k Bitcoin, 23.5% of Original, After Repaying Over 17,000 Creditors in Bitcoin Cash

Authors
  • ICO Drops
  • crypto.news
  • RunnerXBT
5

Mt. Gox, the infamous cryptocurrency exchange, has made significant progress in repaying its creditors after a decade-long process. According to Arkham Intelligence, Mt. Gox is currently holding 32.9k Bitcoin, which represents 23.5% of the original 140k Bitcoin. To date, over 17,000 rehabilitation creditors have received repayments in Bitcoin and Bitcoin Cash. Despite this progress, questions remain about the remaining 32.9k Bitcoin and which creditors are yet to be repaid. Major exchanges such as Bitgo, Kraken, and Bitstamp have reportedly completed their transactions.

Written with ChatGPT (GPT-4o).

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