Mt.Gox, a now-defunct Crypto Exchange, has confirmed that it has begun distribution of Bitcoin and Bitcoin Cash to its creditors on Friday, according to an official document from the Mt.Gox Rehabilitation Trustee. As noted, repayment is made through specially designated Crypto Exchanges such as Bitbank and SBI.

The confirmation came shortly after the official Wallet from Mt. Gox transferred 1,545 BTC, worth about $84 million, to Bitbank's hot wallet, according to data from Arkham. Mt. Gox started a series of Bitcoin transfers yesterday. A portion of their holdings was sent to a Bitbank wallet, in what some believe may have been a test run before a larger payout. Arkham data also revealed the transfer of 47,229 BTC, worth approximately $2.7 billion, from Wallet Mt. Gox to the new destination last night was done.

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