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Mt. Gox

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Mt. Gox is down for maintenance, leaving creditors still grappling with the "whirlwind" of account break-ins from yesterday.
Mt. Gox just moved $2.7 billion worth of Bitcoin to an unknown address. Once the biggest crypto exchange, Mt. Gox still holds a massive amount of BTC.
After nearly 10 years of waiting, users suffered losses from the Mt. Gox finally received his Bitcoin and Bitcoin Cash.
Mt. Gox announces BTC and BCH repayments on July 5, 2024, potentially flooding the market with over $8 billion in assets, intensifying negative sentiment.
Mt Gox has moved 47,229 BTC ahead of a $9 billion payout to creditors. This transaction could influence market dynamics due to increased supply.