Crypto Blog
Kraken has announced the receipt of funds from the Mt. Gox Rehabilitation Trustees on July 16th. This marks a significant step towards compensating those impacted by the historic collapse of the Mt. Gox exchange a decade ago.
“We have successfully received creditor funds from the Mt. Gox Trustee. While we will work to distribute funds as quickly as possible, please anticipate 7-14 days for funds to be credited to your account. The amount you will receive has been determined by the Trustee, and we will distribute according to their instructions.”
This address received a transfer of 48,641 BTC, worth around $3.1 billion, from Mt. Gox earlier today. Notably, this massive sum remains unspent till the time of writing. Additionally, the Mt. Gox trustee still holds another portion of the BTC transferred this morning, amounting to 43,114 BTC, valued at around $2.74 billion, in several addresses.issued on the same day, Rehabilitation Trustee Nobuaki Kobayashi reported significant progress in the repayment process for Mt. Gox creditors.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mt. Gox creditors say Kraken received bitcoin from Trustee, payouts anticipated in 7-14 daysUsers posted a screenshot of an email from Kraken in the Mt. Gox creditors Telegram group that appears to confirm the transfers.
Read more »
Kraken Secures 48,641 Bitcoin From Mt. Gox, What Comes Next?Kraken will distribute over 48,641 Bitcoin to Mt. Gox beneficiaries
Read more »
Kraken tells users that Mt. Gox reimbursement funds have been receivedKraken users have reported receiving an email from the exchange notifying them that the Mt. Gox trustee sent the Bitcoin and Bitcoin Cash reimbursement.
Read more »
Mt. Gox to Begin Repayments in July; BTC Slides Under $61KShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Read more »
BTC Tanks to $61K as Long-Awaited Mt. Gox Repayments to Begin in JulyCrypto Blog
Read more »
Mt. Gox to distribute $9 billion of bitcoin, bitcoin cash repayments from beginning of JulyMt. Gox is set to begin distributing bitcoin and bitcoin cash repayments from July, according to the Rehabilitation Trustee.
Read more »