**News Flash: Bitstamp to Distribute Crypto to Mt. Gox Creditors**

- Bitstamp will start distributing crypto to Mt. Gox creditors on July 25 after receiving a hefty transfer of assets from the collapsed exchange.

- The Mt. Gox trustees transferred 5,106 BTC to Bitstamp and 2,869 BTC to an unknown address. Bitstamp also received BCH and ETH.

- Recipients will undergo security checks for a week before gaining full control of their coins.

- UK-based Bitstamp customers will have to wait a few more months for their repayments.

- Despite fears of market disruption, analysts say mass selloffs are unlikely. ๐Ÿ“ˆ

Stay tuned for more updates!