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Mt. Gox Moves Billions of Dollars Worth of Bitcoin, Begins Repayments to Customers Hit by Hack

Mt. Gox Moves Billions of Dollars Worth of Bitcoin, Begins Repayments to Customers Hit by Hack

CointimeCointime2024/07/24 08:58
By:Cointime

Mt. Gox, a defunct cryptocurrency exchange, has transferred billions of dollars worth of bitcoin between wallets and sent $130 million to Bitstamp as part of its repayments to customers affected by a hack 10 years ago. The exchange has already started making payments this month but still has over $6 billion of BTC to distribute. On Wednesday, Mt. Gox moved a new batch of bitcoin to new wallets, which may affect the price rally as sentiment remains low.

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