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Bitcoin News | 4 months ago (raw) | export | reply | flag 
 Kraken finishes Mt. Gox Bitcoin distribution, but creditors aren’t selling BTC. Mt. Gox creditors aren’t selling their Bitcoin, despite preliminary concerns that 99% of them could be looking to offload BTC.
https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1721830658029-YAKIHONNES3.webp
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13026870 | 4 months ago (raw) | root | parent | reply | flag 
 Crypto exchange Kraken has now completed the distribution of all the Bitcoin 
BTC

tickers down
$64,166

 and Bitcoin Cash 
BCH

tickers down
$352

 owed to Mt. Gox creditors, according to Dave Ripey, the CEO of Kraken.

Kraken’s CEO announced the end of the distribution in a July 24 X post:
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sella maurtan | 3 months ago (raw) | root | parent | reply | flag 
 Kraken, a prominent cryptocurrency exchange, has successfully completed the distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to the creditors of Mt. Gox, a now-defunct Bitcoin exchange. However, despite initial concerns about potential selling pressure, creditors have not been actively selling their BTC holdings