Bitcoin Cash

Bitcoin

Arkham

Kraken cryptocurrency exchange has announced that it has successfully distributed Bitcoin and Bitcoin Cash to customers affected by the Japanese exchange, Mt. Gox hack that happened nearly ten years ago. 
Dave Ripley, CEO of Kraken, said on social media platform X, “It’s been nearly a decade since Kraken was selected by the Trustee to facilitate the investigation and return of client funds. It was our privilege and it was our duty.” 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 1/ <a href="https://twitter.com/krakenfx?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@krakenfx</a> has successfully distributed <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitcoin</a> and Bitcoin Cash from the <a href="https://twitter.com/MtGox?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@mtgox</a> estate back to creditors. It’s been nearly a decade since Kraken was selected by the Trustee to facilitate the investigation and return of client funds. It was our privilege and it was our duty. <a href="https://t.co/ptKexzN4gm" target="_blank">pic.twitter.com/ptKexzN4gm</a>— Dave Ripley (@DavidLRipley) <a href="https://twitter.com/DavidLRipley/status/1815880303254323603?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 23, 2024</a>
 </blockquote> 
 </div>
</figure> 
This event is a crucial development in the Mt. Gox saga, which began in 2014 when the then-largest Bitcoin exchange collapsed after losing 850,000 Bitcoin to hackers. At current market rates, this stolen Bitcoin would be worth about $56 billion. 
Kraken was one of five exchanges chosen to help return funds to approximately 127,000 people impacted by Mt. Gox’s collapse. The total amount owed to former Mt. Gox customers is estimated at over $7 billion in various forms of cryptocurrency and cash.&nbsp; 
Other exchanges involved in returning funds include Bitstamp, SBI VC Trade, Bitbank, and Coincheck. 
Recent data from blockchain analysis firm Arkham Intelligence shows that Mt. Gox has started moving $2.85 billion worth of Bitcoin to new digital wallets. Of this amount, $340 million has reportedly been sent to addresses linked to Bitstamp. The Mt. Gox estate still holds about 85,234 Bitcoin, worth approximately $5.7 billion. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 UPDATE: MT. GOX MOVING $2.85B BTC Mt. Gox moved a total of $2.85B BTC to new wallets this morning in order to distribute 5110 BTC ($340.1M) BTC to 4 separate Bitstamp addresses. Bitstamp is one of the 5 exchanges that the Mt. Gox Trustee is working with to return funds to Mt.… <a href="https://t.co/KsKuxMpvZS" target="_blank">pic.twitter.com/KsKuxMpvZS</a>— Arkham (@ArkhamIntel) <a href="https://twitter.com/ArkhamIntel/status/1815681016050147533?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 23, 2024</a>
 </blockquote> 
 </div>
</figure> 
A rehabilitation plan approved in 2021 aims to repay affected customers about 90% of what they are owed. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/07/19/kraken-expands-crypto-custody-services-to-uk-and-australia/" target="_blank" rel="noreferrer noopener">Kraken Expands Crypto Custody Services to UK and Australia</a> 
</blockquote>

Kraken Completes Distribution of Bitcoin to Mt. Gox Hack Victims

The Crypto Times

Các bài viết khác được xuất bản trên 24 thg 7, 2024

Leading Asset Manager CSOP Says Bitcoin To Hit $100K Soon

Bitcoin, Ethereum, Dogecoin Trade In A Mixed Bag, Analyst Marks $66,000 As Crucial Support Level ...

Attention Bitcoin (BTC) Investors! This data points to a downward trend: it has fallen to its low...

Spot Ether ETF Surges to $1.1B Trading Volume, Challenging Bitcoin Dominance

Ark Invest's Strategic Shift: Withdrawing from Ethereum ETF and Adjusting Tech Holdings

Bitcoin Demand Dips to 3-Year Low: Ethereum Altcoins Gaining Investor Interest

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!