Mt. Gox nears completion of Bitcoin distribution to creditors

Recently, the defunct Japanese Bitcoin exchange transferred approximately 33,960 BTC, valued at around $2.25 billion, signaling a major step forward in implementing its repayment plan. To date, Mt. Gox still retains about 32,899 BTC, worth over $2.11 billion, reflecting a significant reduction in its Bitcoin holdings as repayments continue.

The exchange has been systematically working through the process to compensate over 17,000 creditors in Bitcoin and Bitcoin Cash since recovering approximately 141,686 BTC post-hack.

https://www.coinfeeds.io/daily/mt-gox-transfers-2-billion-in-bitcoin-to-repay-creditors