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Bankrupt Mt. Gox trustee said it is not selling Bitcoin

The Rehabilitation Trustee of the defunct crypto exchange Mt. Gox has confirmed that it has not sold its significant Bitcoin holdings despite transferring over 140,000 BTC (approximately $10 billion) today. The trustee clarified in a May 28 that preparations to repay creditors were ongoing. According to the firm, the bankruptcy

Mt. Gox moves $9.6B worth of Bitcoin. Are creditors finally being repaid?

The transfer represents the first significant on-chain movement from Mt. Gox-related wallets in the past five years, ahead of the October 2024 repayment deadline.

Mt. Gox Moves $9.6 Billion Worth Of Bitcoin - Are Creditors Finally Being Repaid?

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Bankrupt Mt. Gox trustee said it is not selling Bitcoin

Mt. Gox Confirms Users Bitcoin Account Ownership, Repayments to Continue

Mt. Gox is expected to continue repaying creditors throughout 2024. This was revealed through emails showing the defunct exchange confirming user Bitcoin…