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  • Blockchain Timeline

Mt. Gox $9 billion worth of Bitcoin may be returning to creditors soon

Bloomberg reports that some Mt Gox creditors received updates on their claims to the failed exchange. This development indicates officials may be stepping up efforts to return bitcoin to claimers.

The updates included details such as number of coins to be returned and in some cases dates of repayments according to Bloomberg's sources.

Mt Gox went bankrupt in 2014 holding 137,892 Bitcoin worth today $9.2 billion. The platform also holds Bitcoin Cash tokens as well as fiat currencies.


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