Mt. Gox Initiates Major Bitcoin (BTC) Redistribution, Signaling Reimbursement for Hack Victims

Mt. Gox has commenced the process of distributing funds, with one of its wallets recently receiving a substantial Bitcoin transfer. This significant movement is likely indicative of upcoming repayments to the victims of the infamous Mt. Gox hack. A notable transfer of 44,527 BTC, valued at $2.84 billion, underscores the initiation of this reimbursement process.

Source: CoinOtag