Mt. Gox creditors' repayment may be nearing completion
According to Arkham Intelligence, a wallet that may belong to BitGo received about $2 billion worth of Mt. Gox bitcoins and has now transferred most of them to a separate wallet, a move that may indicate that repayments to Mt. Gox creditors are finally nearing completion. For much of July, Mt. Gox has been transferring billions of dollars worth of bitcoins to designated cryptocurrency exchanges, which are responsible for distributing the relevant BTC to Mt. Gox creditors.