mtgox
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🚨 Big Move Alert! 🚨 Today, 3,999 Bitcoins (worth a whopping $277 million!) were mysteriously transferred from the infamous MtGox exchange to an unknown wallet. What do you think this could mean for the crypto world? Let’s dive into the impact of these moves! 💬👇
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Large Bitcoin Transfer Detected From MtGox To Unknown Wallet
According to PANews, a significant Bitcoin transaction was detected on May 28th. Whale Alert, a blockchain monitoring service, reported that 3,999 Bitcoins, equivalent to approximately 277,654,876 US dollars, were transferred from the infamous MtGox exchange to an unidentified wallet. The transaction occurred at 9:41 Beijing time.
The destination of the transferred Bitcoins remains unknown. The MtGox exchange, once the world's largest Bitcoin exchange, has been involved in several controversies and legal issues in the past, including a major hack in 2014 that led to its bankruptcy. This recent large-scale transfer of Bitcoins from MtGox has raised questions and speculation within the cryptocurrency community.
However, the details surrounding this transaction, including the identity of the recipient and the purpose of the transfer, are currently unknown. This story is developing and further updates will be provided as more information becomes available.
The destination of the transferred Bitcoins remains unknown. The MtGox exchange, once the world's largest Bitcoin exchange, has been involved in several controversies and legal issues in the past, including a major hack in 2014 that led to its bankruptcy. This recent large-scale transfer of Bitcoins from MtGox has raised questions and speculation within the cryptocurrency community.
However, the details surrounding this transaction, including the identity of the recipient and the purpose of the transfer, are currently unknown. This story is developing and further updates will be provided as more information becomes available.
😳 Mt.Gox creditors will finally get their money back
Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount.
#Binance #crypto2023 #BTC #marketcap #mtgox
Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount.
#Binance #crypto2023 #BTC #marketcap #mtgox
Mt. Gox Bitcoin Whale Fund Plans to HODL After Choosing September Payout
Creditors have until March 10 to decide on an early payout.
The bankruptcy trustee holds a stash of 141,686 BTC.
Concerns are growing that all this BTC could flood markets.
The Mt. Gox Investment Fund, the defunct Bitcoin exchange’s largest creditor, has no plans to sell the Bitcoins it will receive later this year.
According to a March 9 Bloomberg report, the Mt. Gox Investment Fund plans to retain the assets due to it in September.
The fund brought claims against Mt. Gox, which went bankrupt in 2014. The report added that it opted for an early payout this year instead of waiting for all the litigation to be resolved.
The unnamed source said the fund would get 90% of what’s collectible. This will be split into around 70% Bitcoin and 30% cash. However, there were no details of the actual amount of BTC.
Mt. Gox creditors have until Friday to decide on a September payout or wait for the possibility of better claims. According to a March 7 announcement, the creditor selection and registration deadline was moved from Jan. 10 to March 10.
It noted:
“Rehabilitation creditors who have not completed the Selection and Registration by the deadline will not be able to receive any of the repayments.”
According to documentation, the bankruptcy trustee held a stash of 141,686 BTC as of September 2019. At current prices, the Bitcoin horde is worth around $3 billion.
It also held 69 billion Japanese Yen (around $500 million) and 143,000 Bitcoin Cash (BCH) worth around $16.7 million. Creditors approved the rehabilitation proposal in October 2021.
Furthermore, the trustee sold around 35,800 BTC and 34,000 BCH between December 2017 and February 2018.
BTC was priced at around $700 when Tokyo-based Mt. Gox suspended trading in February 2014. Since then, it has surged in value by around 3,000% to current levels.
At its peak, Mt. Gox was the world’s largest Bitcoin exchange. It handled 70% of the global BTC trading volume back in 2013.
#bitcoin #mtgox #koinmilyoner #buildtogether #crypto2023
The bankruptcy trustee holds a stash of 141,686 BTC.
Concerns are growing that all this BTC could flood markets.
The Mt. Gox Investment Fund, the defunct Bitcoin exchange’s largest creditor, has no plans to sell the Bitcoins it will receive later this year.
According to a March 9 Bloomberg report, the Mt. Gox Investment Fund plans to retain the assets due to it in September.
The fund brought claims against Mt. Gox, which went bankrupt in 2014. The report added that it opted for an early payout this year instead of waiting for all the litigation to be resolved.
The unnamed source said the fund would get 90% of what’s collectible. This will be split into around 70% Bitcoin and 30% cash. However, there were no details of the actual amount of BTC.
Mt. Gox creditors have until Friday to decide on a September payout or wait for the possibility of better claims. According to a March 7 announcement, the creditor selection and registration deadline was moved from Jan. 10 to March 10.
It noted:
“Rehabilitation creditors who have not completed the Selection and Registration by the deadline will not be able to receive any of the repayments.”
According to documentation, the bankruptcy trustee held a stash of 141,686 BTC as of September 2019. At current prices, the Bitcoin horde is worth around $3 billion.
It also held 69 billion Japanese Yen (around $500 million) and 143,000 Bitcoin Cash (BCH) worth around $16.7 million. Creditors approved the rehabilitation proposal in October 2021.
Furthermore, the trustee sold around 35,800 BTC and 34,000 BCH between December 2017 and February 2018.
BTC was priced at around $700 when Tokyo-based Mt. Gox suspended trading in February 2014. Since then, it has surged in value by around 3,000% to current levels.
At its peak, Mt. Gox was the world’s largest Bitcoin exchange. It handled 70% of the global BTC trading volume back in 2013.
#bitcoin #mtgox #koinmilyoner #buildtogether #crypto2023
Mt.Gox was once the largest crypto exchange in the world, but it filed for bankruptcy in 2014 after some 850,000 BTC went missing. The exchange’s creditors have until April 6 to make a decision whether to chose the October payout,
#mtgox #bitcoin #buildtogether #koinmilyoner
#mtgox #bitcoin #buildtogether #koinmilyoner
Mt Gox registration deadline pushed from March 10th to April 6, distribution deadline pushed to October 31st.
#crypto2023 #mtgox #BTC #Binance #crypto
#crypto2023 #mtgox #BTC #Binance #crypto
Mt Gox registration deadline pushed from March 10th to April 6 🔥🔥🔥🔥🔥
#crypto101 #antiscam #Bullish #mtgox #buildtogether
LIKE ❤️ FOLLOW 🙏 COMMENT⌨️ SHARE🔗
#crypto101 #antiscam #Bullish #mtgox #buildtogether
LIKE ❤️ FOLLOW 🙏 COMMENT⌨️ SHARE🔗
On July 18, 2010, Mt. Gox, one of the earliest Bitcoin exchanges in the world, started automating trading. At one point in time, it represented more than 80% of all Bitcoin trades.
#mtgox #BTC #nftcommunity #repay #cryptoonindia
#mtgox #BTC #nftcommunity #repay #cryptoonindia
Mt. Gox creditors may receive repayments from March 10 onward.
137,890 $BTC ($3B) unlock is coming soon!👀
#Binance #mtgox #crypto2023 #BTC #bitcoin
137,890 $BTC ($3B) unlock is coming soon!👀
#Binance #mtgox #crypto2023 #BTC #bitcoin
Mt. Gox Begins to Repay Creditors Since Their Shutdown in 2014
In a previous post , I discussed the Mt. Gox bankruptcy incident that occurred in 2014, resulting in the loss of about 750,000 users' BTC. To date, these $BTCs remain lost.
After nearly a decade of waiting and owing these debts, Mt. Gox has started repaying creditors for their lost funds. Some recipients shared their experiences on the Reddit forum.
A month ago, Trustee Nobuaki Kobayashi announced that repayments would begin in 2023 and continue until 2024.
Payments were made in cash through the popular payment platform PayPal, using the Japanese Yen currency.
#ozuru #BTC #mtgox
In a previous post , I discussed the Mt. Gox bankruptcy incident that occurred in 2014, resulting in the loss of about 750,000 users' BTC. To date, these $BTCs remain lost.
After nearly a decade of waiting and owing these debts, Mt. Gox has started repaying creditors for their lost funds. Some recipients shared their experiences on the Reddit forum.
A month ago, Trustee Nobuaki Kobayashi announced that repayments would begin in 2023 and continue until 2024.
Payments were made in cash through the popular payment platform PayPal, using the Japanese Yen currency.
#ozuru #BTC #mtgox
Do you know about the Mt. Gox Incident that Claimed Approximately 850,000 BTCs?
Mt. Gox was a major Bitcoin exchange that was first launched in July 2010. It later became the world's biggest Bitcoin exchange, handling approximately 70% of the world's Bitcoin transactions at some point 🤯.
However, the fate of Mt. Gox took a very drastic and dramatic turn. In February 2014, Mt. Gox filed for bankruptcy protection, claiming that a hacker had exploited a vulnerability to the tune of about 850,000 BTCs (approximately 7% of all the BTC in existence at that time), 750,000 BTCs of which belonged to the users (it's always hackers 🙄).
The total $BTC lost would be equivalent to about $450 million dollars as of that time, and fast forwarding to now, it would be about $36 billion dollars 😳. All this money and BTC lost forever. This resulted in the exchange halting trading activities, creating panic among users.
About a month after the website was closed, approximately 200,000 BTCs were found in an old wallet, but efforts to find the remaining lost $BTC were to no avail.
Investigations later revealed internal issues such as operational and security lapses that made the exchange susceptible to hack attacks.
The Mt. Gox incident was significant in the cryptocurrency space because it meant that a large percentage of the world's $BTC supply had vanished forever. It had an impact on the perception of cryptocurrency exchanges and served as a wake-up call for the cryptocurrency industry, highlighting the importance of security measures when handling digital assets.
Anticipate a subsequent post where I'll talk about the latest unexpected update about Mt. Gox ten years after its shutdown, which is this year
#ozuru #mtgox
Mt. Gox was a major Bitcoin exchange that was first launched in July 2010. It later became the world's biggest Bitcoin exchange, handling approximately 70% of the world's Bitcoin transactions at some point 🤯.
However, the fate of Mt. Gox took a very drastic and dramatic turn. In February 2014, Mt. Gox filed for bankruptcy protection, claiming that a hacker had exploited a vulnerability to the tune of about 850,000 BTCs (approximately 7% of all the BTC in existence at that time), 750,000 BTCs of which belonged to the users (it's always hackers 🙄).
The total $BTC lost would be equivalent to about $450 million dollars as of that time, and fast forwarding to now, it would be about $36 billion dollars 😳. All this money and BTC lost forever. This resulted in the exchange halting trading activities, creating panic among users.
About a month after the website was closed, approximately 200,000 BTCs were found in an old wallet, but efforts to find the remaining lost $BTC were to no avail.
Investigations later revealed internal issues such as operational and security lapses that made the exchange susceptible to hack attacks.
The Mt. Gox incident was significant in the cryptocurrency space because it meant that a large percentage of the world's $BTC supply had vanished forever. It had an impact on the perception of cryptocurrency exchanges and served as a wake-up call for the cryptocurrency industry, highlighting the importance of security measures when handling digital assets.
Anticipate a subsequent post where I'll talk about the latest unexpected update about Mt. Gox ten years after its shutdown, which is this year
#ozuru #mtgox
Here are the three most important bitcoin news stories of the day, July 6, 2024:
Bitcoin falls below $56k Over the last few weeks, Bitcoin has been showing a decline and it fell under $56k for the first time in several months. This fall is ascribed by analysts to a variety of causes that include regulatory concerns, profit-taking among early investors and bad press lately.
Mt Gox starts paying back creditors with Bitcoin and Bitcoin Cash The now defunct Japanese cryptocurrency exchange Mt Gox is repaying its creditors using BTC as well as BCH which were lost during a hack in 2014 where billions worth of dollars disappeared. A good sign for crypto markets indicating that long term negative effects on BTC prices could be limited after all.
Private Equity Giants Circle AI-Allured Bitcoin Miners Private equity companies are said to be eyeing up bitcoin miners who they believe can benefit from artificial intelligence (AI) capabilities. This move may help boost efficiency within the mining sector while enhancing profitability through such investments.
#bitcoin #mtgox #VanEck_SOL_ETFS #BinanceTournament
Bitcoin falls below $56k Over the last few weeks, Bitcoin has been showing a decline and it fell under $56k for the first time in several months. This fall is ascribed by analysts to a variety of causes that include regulatory concerns, profit-taking among early investors and bad press lately.
Mt Gox starts paying back creditors with Bitcoin and Bitcoin Cash The now defunct Japanese cryptocurrency exchange Mt Gox is repaying its creditors using BTC as well as BCH which were lost during a hack in 2014 where billions worth of dollars disappeared. A good sign for crypto markets indicating that long term negative effects on BTC prices could be limited after all.
Private Equity Giants Circle AI-Allured Bitcoin Miners Private equity companies are said to be eyeing up bitcoin miners who they believe can benefit from artificial intelligence (AI) capabilities. This move may help boost efficiency within the mining sector while enhancing profitability through such investments.
#bitcoin #mtgox #VanEck_SOL_ETFS #BinanceTournament
MT GOX UPDATE 🚨🚨🚨
According to #arkham $2.47B $BTC have been moved ⚠️
Mt. Gox still holds an incredible amount of bitcoin ( around 80,128 BTC almost $5.35 billion).
This morning, Mt. Gox transferred a total of $2.47 billion in BTC to new wallets in order to distribute 5,106 BTC ( about $336 million) to 4 separate Bitstamp addresses.
Bitstamp is one of the 5 exchanges that the Mt. Gox Trustee is working with to return funds to Mt. Gox creditors. So far, Mt. Gox has sent 10,216 BTC ($675.9 million) to Bitstamp.
Be careful if you are trading in leverage. Dumping so many $Btc on the market will have clear implications on crypto and PA 🚨⚠️
What do you think will happen ? 👇
#BTC #mtgox #altcoins #dump
According to #arkham $2.47B $BTC have been moved ⚠️
Mt. Gox still holds an incredible amount of bitcoin ( around 80,128 BTC almost $5.35 billion).
This morning, Mt. Gox transferred a total of $2.47 billion in BTC to new wallets in order to distribute 5,106 BTC ( about $336 million) to 4 separate Bitstamp addresses.
Bitstamp is one of the 5 exchanges that the Mt. Gox Trustee is working with to return funds to Mt. Gox creditors. So far, Mt. Gox has sent 10,216 BTC ($675.9 million) to Bitstamp.
Be careful if you are trading in leverage. Dumping so many $Btc on the market will have clear implications on crypto and PA 🚨⚠️
What do you think will happen ? 👇
#BTC #mtgox #altcoins #dump
⚠️🆘 Slowly Sinking! 🆘⚠️
⛔️ Most people believe that the Mt. Gox repayment will no longer affect the price. They are wrong. Why?
✅ This transaction does not represent a single, large, off-market sale that has no impact on the price, but rather tens of thousands of small investors. These are people who have been waiting for their money for 10 years. I would like you to understand the psychology behind this.
⛔️ Others say that this amount is negligible. They are also wrong. Why?
✅ The majority of the volume results from micro trades driven by bots, just look at the trade history. Please check the current history!
⚠️⚠️⚠️ This is a nightmare for traders when large amounts of cheap bitcoin appear simultaneously among thousands of small investors. ⚠️⚠️⚠️
What can be expected in the coming weeks?
Continuous selling pressure that will slowly but steadily drag the price down.
Remember, the sun always shines above the clouds, and this storm will pass eventually! 🌅
✅#BTC☀ #Mt_Gox_BTC_Dip #MtGoxJulyRepayments #mtgox #bitcoin☀️
⛔️ Most people believe that the Mt. Gox repayment will no longer affect the price. They are wrong. Why?
✅ This transaction does not represent a single, large, off-market sale that has no impact on the price, but rather tens of thousands of small investors. These are people who have been waiting for their money for 10 years. I would like you to understand the psychology behind this.
⛔️ Others say that this amount is negligible. They are also wrong. Why?
✅ The majority of the volume results from micro trades driven by bots, just look at the trade history. Please check the current history!
⚠️⚠️⚠️ This is a nightmare for traders when large amounts of cheap bitcoin appear simultaneously among thousands of small investors. ⚠️⚠️⚠️
What can be expected in the coming weeks?
Continuous selling pressure that will slowly but steadily drag the price down.
Remember, the sun always shines above the clouds, and this storm will pass eventually! 🌅
✅#BTC☀ #Mt_Gox_BTC_Dip #MtGoxJulyRepayments #mtgox #bitcoin☀️
🚨BREAKING🚨
MT. GOX CREDITORS MAY HAVE TO
WAIT UP TO THREE MONTHS TO
RECEIVE THEIR BITCOIN.
$BTC
#bitcoin #VanEck_SOL_ETFS #mtgox #IntroToCopytrading #ETH_ETFs_Approval_Predictions
MT. GOX CREDITORS MAY HAVE TO
WAIT UP TO THREE MONTHS TO
RECEIVE THEIR BITCOIN.
$BTC
#bitcoin #VanEck_SOL_ETFS #mtgox #IntroToCopytrading #ETH_ETFs_Approval_Predictions
$BTC
another 85.5 K Bitcoins are coming ...
mt. GOX is the nightmare of bitcoin !!!
#BitcoinCrash
#mtgox
#bearish
another 85.5 K Bitcoins are coming ...
mt. GOX is the nightmare of bitcoin !!!
#BitcoinCrash
#mtgox
#bearish
After a great run today Ghost 👻 of Mt.Gox happened. Better get out of the trades with profit than stay and loose. Although keep an eye as the market as it can again ⛽ pump.
DYOR.
#MtGox钱包动态 #mtgox #MtGoxJulyRepayments
DYOR.
#MtGox钱包动态 #mtgox #MtGoxJulyRepayments