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Analysis: Mt. Gox creditors' repayment may be nearing completion

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2024-08-13 17:04:16
According to Arkham Intelligence, a wallet that may belong to BitGo has received about $2 billion worth of Mt. Gox bitcoins, and the wallet has now moved most of those funds to a separate wallet, a move that could signal that Mt. Gox creditors are finally drawing to a close. For much of July, Mt. Gox has been transferring billions of dollars worth of bitcoins to designated cryptocurrency exchanges, including Bitbank, Kraken, Bitstamp, and SBI VC Trade, which are responsible for distributing the relevant BTC to Mt. Gox creditors.
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