Articles for tag: 2014 hack, Bitcoin transfer, creditor payments, cryptocurrency exchange, market impact, Mt. Gox, repayment deadline

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Mt. Gox Transfers $905 Million in Bitcoin to Unmarked Wallet as Repayment Deadline Extended to October 2025

Mt. Gox, the once-leading cryptocurrency exchange, recently transferred 11,501 Bitcoin, valued at around $905 million, to an unmarked wallet. This comes as the deadline for repaying creditors has been extended to October 2025. The move follows a previous transfer of over $1 billion to another wallet linked to the exchange. Currently, Mt. Gox controls about ...

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