Bitcoin price slumped to a five-month low of under $55,000 after the defunct exchange Mt. Gox confirmed that it has begun repaying creditors. Mt. Gox begins repayment On July 5, Mt. Gox’s Rehabilitation Trustee announced it has started repaying creditors through designated crypto exchanges according to the rehabilitation plan. Eligible creditors will receive prompt repayments […]
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Mt. Gox $2.7 billion repayment news drives Bitcoin to five-month low under $55,000