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MT. Gox

A surprise comeback is made with a massive Bitcoin dump, and the cryptocurrency world is on the brink of a defunct Bitcoin exchange

Mt.Gox

Transferring $7.2 billion in Bitcoin. The huge transfer raises questions amid the ongoing process of repaying creditors. As of the time of writing, Bitcoin is trading with a daily loss of 1.53% and a weekly decline of 4.87%. site reported

Blockchain Whale Alert

On the morning of May 28, cryptocurrency wallets controlled by the now-defunct Mt.Gox transferred approximately 107,547 Bitcoin (equivalent to $7.2 billion USD) to an unknown wallet.

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