Mt. Gox exchange has completed repayments in Bitcoin (BTC) and Bitcoin Cash (BCH) to over 17,000 eligible rehabilitation creditors. Some have confirmed receiving payments through cryptocurrency exchanges like Kraken. With 32,899 BTC worth $2.099 billion remaining, Mt. Gox is nearing the end of a decade-long process. The exchange transferred 33,960 BTC to BitGo-owned addresses in July. Further movements to new addresses and designated exchanges like Bitbank and Bitstamp have occurred. Repayments to other creditors are pending completion of due diligence and discussions with exchanges. The distribution of $9 billion in recovered crypto from Mt. Gox's collapse is ongoing. Speculation surrounds the impact on markets as creditors may sell assets. Experts suggest that Bitcoin's liquidity and investor behavior could mitigate potential sell-offs, with Bitcoin Cash facing more significant selling pressure. Overall, the market anticipates the resolution of Mt. Gox's long-standing influence. Read more AI-generated news on: https://app.chaingpt.org/news

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