Mt. Gox Transfers $739M in Bitcoin as Repayment Process Continues

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Mt. Gox Transfers $739M in Bitcoin as Repayment Process Continues

The post Mt. Gox Transfers $739M in Bitcoin as Repayment Process Continues appeared first on Coinpedia Fintech News

Mt. Gox moved about $739 million in Bitcoin from a cold wallet to a new address and a known hot wallet, marking its first major on-chain transfer in two months. The movement appears linked to routine fund management during the exchange’s creditor repayment process rather than a sale. The transfer matters because Mt. Gox still …