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Mt. Gox Transfers $2.2 Billion in Bitcoin Amid Repayment Delays

  • Mt. Gox, the first major Bitcoin exchange, transferred $2.2 billion in BTC to an unknown wallet.
  • This comes after Mt. Gox postponed its plans to repay clients, owing around $9.4 billion to former clients.
  • The transfer is expected to help in clearing the situation with creditors.
  • Bitcoin initially saw a small decline in price but has recovered and is currently trading at $70,522.

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