🚨 Crypto News Flash! 🚨

Defunct crypto exchange Mt. Gox has moved over 47,000 Bitcoin (BTC) to two new addresses as part of its plan to reimburse creditors. On July 23, transactions totaling $2.82 billion and $150 million were recorded, with funds directed to Bitstamp and cold storage.

- Mt. Gox aims to repay $9 billion worth of BTC.

- Previous small transfers on July 22 were likely tests.

- Bitstamp, Kraken, Bitbank, and SBI VC Trade are trustees for the payout.

What do you think about the potential market impact? Share your thoughts in the comments! 💬

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