Mt. Gox Moves $2.47B in Bitcoin Amid Creditor Repayments

In a significant development, the Mt. Gox trustee transferred $2.47 billion worth of $BTC to new wallets. This move is part of the ongoing effort to repay creditors of the defunct exchange.

The latest transfer included 5,106 $BTC (approximately $335.8 million) sent to four separate Bitstamp addresses. Despite this substantial movement, Mt. Gox still holds 80,128 $BTC , valued at around $5.32 billion.

Bitstamp is one of the five exchanges collaborating with the Mt. Gox trustee to facilitate the repayment process. To date, a total of 10,216 BTC ($675.9 million) has been transferred to Bitstamp as part of these efforts. This marks a significant step in the long-awaited process of returning funds to those affected by the Mt. Gox collapse.

The move has generated considerable attention in the crypto community, reflecting the ongoing efforts to resolve one of the largest Bitcoin exchange collapses in history.