Mt.Gox has repaid 95,457 bitcoins. All four repayments caused market declines.
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On July 31, 2024, the Mt. Gox exchange issued an announcement stating that the trustee repaid some creditors in the form of Bitcoin and Bitcoin Cash through some designated cryptocurrency exchanges on July 5, 16, 24 and 31 in accordance with the compensation plan. So far, more than 17,000 creditors have been repaid. Image: Announcement released by Mt.Gox Exchange According to data from search.ichainfo.com, Mt.Gox has repaid 95,457 of the total 141,619 bitcoins, with a total value of up to US$6.16 billion, accounting for 67% of the total. Mt.Gox executed compensation through a total of five exchanges, namely Bitbank, SBI VC Trade, Kraken, Bitstamp, and BitGo. Since the first four exchanges had already received bitcoins from Mt.Gox before July 31, the address that received 33,963 bitcoins on that day was most likely owned by BitGo. Image: Distribution of Mt.Gox repayment funds 1HRAprcXCzx1YqYv7dcCcDzf3vYVGPv3b2 12Gws9EsEiDZLinu2SWkHdk7TcobjTau9u 1MUQEiiQEckiBkrQswqq225nQTRWJ5SXZZ In the compensation carried out by Mt.Gox Exchange in July, the virtual currency market was greatly affected. According to search.ichainfo.com, on the day of compensation and the next day, the price of Bitcoin fell to varying degrees, with a drop of between 4% and 8%. In order to monitor the changes in funds in the remaining addresses of the Mt.Gox exchange, iChainfo Search launched the Mt.Gox special page (https://search.ichainfo.com/entity/mtgox), which displays the fund balances and latest transactions of Mt.Gox related addresses. |
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