Tag: Mt. Gox
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Bitcoin Surges Despite Mt. Gox Repayment Delay
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Defunct crypto exchange Mt. Gox has once again delayed its long-awaited creditor repayments, pushing the deadline for Bitcoin distributions to October 2026. The exchange, which collapsed in 2014 following a massive hack, still controls roughly $4 billion worth of Bitcoin, according to data released this week. This latest delay comes after a year of gradual…
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Mt. Gox Moves $930M in Bitcoin as Payout Deadline Nears
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Mt. Gox, the infamous crypto exchange that collapsed in 2014, has once again moved a substantial amount of Bitcoin (BTC), signaling potential preparations for creditor repayments. This latest transaction comes amid broader market corrections, raising concerns about increased selling pressure. $930 Million BTC Transfer Sparks Speculation On Tuesday, wallets linked to Mt. Gox transferred 11,834…