MtGoxCreditors

🤑Claim 3,000 SHIB Tokens Daily💸

Daily Reward: Users can claim exactly 3,000 SHIB tokens every day for up to 30 days after successfully completing the daily login mission.

Total Duration and Reward Limit: Throughout the 30-day campaign, each user can accumulate up to 90,000 SHIB tokens, subject to the total campaign reward pool.

Reward Availability: Token distribution will follow a "first come, first served" basis, considering the total reward pool of 1.2 billion SHIB tokens.

Mission Rules:

• The login mission will refresh daily at midnight (00:00 UTC), allowing users to complete it again.

• Only verified users who receive specific notifications (via email and/or app push notifications) and complete the available missions will be eligible. Availability may vary by region.

Token Distribution and Validity:

• Tokens will be credited as vouchers within 48 hours after the successful completion of the mission.

• SHIB token vouchers will be valid for 30 days after distribution and must be claimed before expiration.

Terms & Conditions: Binance reserves the right to disqualify any user engaging in fraudulent behavior, such as wash trading, bulk account registrations, market manipulation, and more. Additionally, Binance may modify the terms and conditions of the program if necessary due to important reasons, such as:

Changes in regulations or policies.

• Compliance with legal obligations.

• Anti-money laundering or counter-terrorism financing regulations.

• Technical issues beyond our control.

• Protecting users from potential losses.

• Safeguarding Binance's reputation.

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Mt. Gox Transfers Over $BTC 1 Billion in Bitcoin to New Wallets

Earlier today, defunct cryptocurrency exchange Mt. Gox executed two significant Bitcoin transactions, moving approximately 11.834 BTC, valued at over $1 billion, to a newly created address. The transaction, identified by Arkham Intelligence and reported by Lookonchain, occurred on March 6 at 00:03:17 (UTC), transferring funds from a Mt. Gox-controlled wallet to address "1Mo1nW5."

Additionally, a second transaction involving 166.5 $BTC (worth over $15 million) was transferred to a BitGo cold wallet, suggesting a structured fund movement. This transaction was executed shortly after the initial billion-dollar transfer.

Mt. Gox Repayment Timeline and Previous Transfers

Since July 2024, creditors of Mt. Gox have been awaiting repayments following the exchange’s infamous 2014 collapse. Initially, the deadline for repayments was set for October 31, 2024, but in October 2024, the firm announced a 12-month delay, pushing the repayment date to October 31, 2025.

Mt. Gox began repayment distributions in July 2024, working alongside Bitstamp and four other entities to facilitate the process. At that time, the exchange transferred approximately $6 billion in Bitcoin as part of its creditor compensation plan.

Background on Mt. Gox

Founded in 2010, Mt. Gox quickly became the largest Bitcoin exchange, at one point processing 70% of global BTC trading. However, in early 2014, the platform suspended withdrawals and ultimately shut down after losing 800,000 BTC due to a major security breach. The company filed for bankruptcy shortly thereafter.

The latest Bitcoin transfers highlight ongoing efforts to manage the remaining funds associated with the exchange’s collapse and creditor repayment obligations.

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