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Mt Gox moves $739M in Bitcoin, prepping final creditor payouts by October 2026 deadline

Market News
02 Jun 2026
Finbold
View Source
Neutral
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Mt Gox, the defunct crypto exchange that lost over 850,000 Bitcoin to hackers, recently transferred 10,423 BTC worth about $739 million to a new wallet. This move, followed by another smaller transfer, signals preparations for the final distribution of funds to creditors before the extended repayment deadline of October 31, 2026. The exchange still holds roughly 34,504 BTC valued at over $2.4 billion. After years of legal battles, Mt Gox is nearing the end of its creditor repayment process, with previous major payouts occurring in mid-2024 and early 2025.

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