**Bitstamp to Start Distributing Crypto to Mt. Gox Creditors**

Bitstamp will begin distributing cryptocurrency to Mt. Gox creditors on July 25, following a significant asset transfer from the trustees of the defunct exchange. The trustees moved 5,106 Bitcoin (BTC) to Bitstamp and 2,869 BTC to an unknown address, which later ended up in Bitstamp wallets. Additionally, Bitstamp received Bitcoin Cash (BCH) and Ethereum (ETH).

Recipients will undergo a week-long security check before gaining full control of their coins. However, UK-based Bitstamp customers will not be included in the initial round and can expect repayments in the coming months.

The price of BTC has surged over 10,000% since Mt. Gox's collapse in 2014, potentially leading to significant profits for creditors. Bitstamp is among five exchanges participating in the Rehabilitation Plan, with Kraken also distributing crypto to creditors.

Concerns about market impact from mass selloffs appear unfounded so far, according to recent polls. Mt. Gox, which operated from 2010 to 2014, declared bankruptcy after losing 850,000 BTC to theft.