Mt. Gox moves 10,422 bitcoin worth $739 million to a new wallet as deadline nears
Mt. Gox transferred 10,422 bitcoin ($739 million) to new wallets Tuesday, the largest move in months ahead of October 31, 2026 repayment deadline. The defunct exchange still holds $2.43 billion in bitcoin across roughly 34,500 coins. Creditor distributions could pressure markets, especially since many claim coins bought before the 2014 collapse and face substantial capital gains tax implications for Indian investors.
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