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News Explorer — When Mt. Gox Users Will Get Their Bitcoin Back

Generated by AI, curated by humans


Jul 20, 4:38 pm
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When Mt. Gox Users Will Get Their Bitcoin Back

After a decade, early Bitcoin investors who lost their funds in the Mt. Gox hack are finally set to receive their digital coins back. The trustee of the now-defunct exchange has initiated the process of distributing over 90,000 Bitcoin, worth over $6 billion, to more than 20,000 former customers. Kraken and four other exchanges have been selected to facilitate the repayment, with most customers expected to receive their coins by early August.

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