News with the tag "Mt. Gox creditors"

Over $9.4 billion worth of Bitcoin was owed to approximately 127,000 Mt. Gox creditors for over 10 years.

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.

The announcement comes three days after the Mt. Gox Trustee executed the first test transactions on Bitstamp exchange.

Mt. Gox creditors aren't selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC.

In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves.

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.

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 ...

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.

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.

A decade after the Mt. Gox crypto hack, creditors have been informed of a repayment plan beginning in 2023. Image by 24K-Production, Adobe Stock. Nearly a decade after the collapse of the Mt. Gox cryptocurrency exchange, creditors may finally receive some relief. In an email sent to rehabilitation c...