Happycoin.club - Closed exchange Mt. Gox began repaying debts to its creditors by making payments in Bitcoin and Bitcoin Cash. Transactions are carried out through cryptocurrency platforms, the list of which was approved by the restructuring plan.

According to the Mt. Trustee's announcement. Gox, payments will be made immediately if creditors meet certain conditions. For example, they must have a verified account and a signed agreement to accept the terms of the crypto exchange plan.

Some former Mt Gox clients have already confirmed the payment. Thus, one of the Reddit users wrote about receiving the exact amount through the Bitbank cryptocurrency exchange.

The announcement of the payment came after 47,228.7 bitcoins (about $2.71 billion) were withdrawn from trusted addresses, first to a crypto wallet, and then in several transactions to the Bitbank cryptocurrency exchange. In total, at all known addresses of the Mt. Gox had 94,457 bitcoins.

Against the backdrop of the start of payments, Bitcoin fell in price by almost 6% per day, falling below $54,200. Over the week, the flagship cryptocurrency fell in price by 11.92%.

The cryptocurrency market has seen $665 million in liquidations in the past 24 hours as Bitcoin faces intense selling pressure, according to Coinglass.