The long-running Mt. Gox saga has returned to center stage as blockchain analysts detect new movement in the defunct exchange’s wallets for the first time in seven months.
The move comes just weeks before a key repayment deadline, sparking concerns about renewed market FUD (fear, uncertainty, and doubt).
Data on Arkham shows that Mt. Gox still holds around 34,000 Bitcoin that still need to be repaid to creditors. The court-approved extension expires on October 31, 2025 (Japan Time).
The extension came as some creditors had not completed the necessary procedures or encountered issues during repayment. As the repayment deadline approaches, investor…more
Source finance.yahoo.com
FTC: We use income earning affiliate links. More on Sposored links.
Terms of use and third-party services. More here.
Terms of use and third-party services. More here.