Bitcoin Crashes to $54k as Mt. Gox Moves 47,000 BTC From Cold Wallet to New Address

Muthoni Mary Kiama

Mt. Gox Repayments Tied To 2014 Hack Hit Technical Snag As Some Creditors Receive Double Payouts

Defunct cryptocurrency exchange Mt.Gox has transferred 47,228 BTC to a new wallet address, triggering a market panic that has pulled Bitcoin back to trading at prices last seen in February.

Go here to Read this Fast! Bitcoin Crashes to $54k as Mt. Gox Moves 47,000 BTC From Cold Wallet to New Address

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Bitcoin Crashes to $54k as Mt. Gox Moves 47,000 BTC From Cold Wallet to New Address