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Mt. Gox Moves $3.2B BTC as It Gears Up for Creditor Payout

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Efforts to settle creditors of defunct crypto exchange Mt. Gox are underway. Major asset transfers have occurred in phases. Mt. Gox is continuously shuffling its Bitcoin portfolio.  One of the most discussed topics in the crypto industry this year has been the repayment plans of Mt. Gox, the now-defunct exchange that fell victim to one of the industry’s biggest hacks and resulted in bankruptcy. Recent actions by the exchange have heightened this watch, with its extensive list of creditors hoping to receive the long-awaited compensation for the losses incurred following the exchange’s collapse. The ongoing settlement efforts are gaining


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