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Mt. Gox Bitcoin transfer moving $1 billion in BTC amid creditor repayments

Mt. Gox Moves $1 Billion in Bitcoin Amid Creditor Repayment Preparations

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Mt. Gox has moved another massive amount of Bitcoin, transferring $1 billion worth of BTC. This marks the exchange’s third major transfer this month as it prepares to repay creditors. Source: https://nairametrics.com/2024/08/21/mt-gox-moves-fresh-784-million-worth-of-btc-to-unknown-wallet/ According to Arkham Intelligence, Mt. Gox shifted 11,501 […]

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Cryptocurrency market downturn illustration

$170 Billion Wiped Out in Crypto Market Amid Mt. Gox Payout Fears

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The cryptocurrency market faced a massive downturn on Friday. Investors were spooked by news of the Mt. Gox bitcoin payouts, leading to significant losses across the board. Nearly $170 billion in market value evaporated as the news spread.  Source: https://cryptobriefing.com/mt-gox-bitcoin-repayments/

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