Articles for tag: Bitcoin price, Bitcoin transfer, blockchain transactions, creditor claims, cryptocurrency compensation, market impact, Mt. Gox

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Mt. Gox Transfers $2.8 Billion in Bitcoin as Price Surges to $100,000: What Investors Need to Know

Mt. Gox, the infamous cryptocurrency exchange, has transferred 27,871 Bitcoin, valued at approximately $2.8 billion, amid ongoing compensation claims from creditors. The majority of this amount, over 24,000 BTC, was sent to an undisclosed wallet while Bitcoin’s price recently hit a significant milestone of $100,000. As the exchange continues to resolve outstanding claims, it has ...

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