Mt. Gox moved $739M in Bitcoin as repayment deadline nears
Mt. Gox, the defunct crypto exchange, transferred more than 10,000 BTC on Tuesday, valued at over $739 million.
The exchange still holds approximately 35,000 BTC, worth roughly $2.4 billion, to be distributed to creditors.
The transfer does not indicate that Mt. Gox has begun selling Bitcoin or initiated a new round of creditor repayments, with the estate’s trustee having until October 31, 2026, to complete repayments.