$BTC 🚨🚨
Mt. Gox, the defunct exchange that ceased operations in 2014, has recently initiated the transfer of 107.5 thousand BTC (equivalent to $7 billion) to a newly established wallet, marking the first movement of assets in five years. Speculation suggests that this action may be a strategic step towards fulfilling outstanding debts owed to the platform's creditors. However, no official statements have been released to confirm the rationale behind this transfer. Notably, the deadline for repayments to creditors has been established as October 31, 2024.
