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REGULATION
by
9 months ago

Mt.Gox starts repayment of Bitcoin and Bitcoin Cash through Kraken and Bitstamp

2024-07-24

REGULATION
by
9 months ago


Kraken

Last week Kraken received 48,641 BTC, valued at about $3.2 billion, from the Mt. Gox Rehabilitation Trustee.

 

Bitstamp

On July 23, 2024, 4 Bitstamp addresses received a total of 5,110 BTC valued at about $340.1 million.

 

Mt.Gox plans to return funds to 127,000 creditors through 5 crypto exchanges including Bitstamp, SBI VC Trade, Bitbank, Coincheck, and Kraken.

 

The rehabilitation trustee, Nobuaki Kobayashi, has indicated that the repayments will be made in Bitcoin (BTC) and Bitcoin Cash (BCH).

 

The total amount to be distributed includes around 142,000 BTC, 143,000 BCH, and 69 billion Japanese yen, totaling roughly $9 billion.

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