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Mt. Gox Announces Repayment to Creditors in Early July 2024
> Mt. Gox, the defunct cryptocurrency exchange based in Shibuya, Tokyo, Japan, has announced that it will begin repaying creditors in Bitcoin (BTC) and Bitcoin Cash ( $BCH ) in early July 2024.
> Currently, Mt. Gox holds 141,686 BTC, valued at approximately $8.63 billion, across three wallets.
> Following the announcement, the market reacted negatively, with the price of $BTC dropping from $62.8K to $60.8K within a few minutes.
> Interesting, how many of those BTC will be sold right after being received / how many are already sold OTC / and how many will remain untouched. 0 reply
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