Tuesday, May 28, 2024

Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors (Shaurya Malwa/CoinDesk)

Shaurya Malwa / CoinDesk:
Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors  —  Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.



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