Bankrupt crypto exchange Mt. Gox has executed a significant Bitcoin transfer, moving 11,501 Bitcoin in total during March, including a notable transaction of 11,501 Bitcoin on March 25, valued at approximately $1 billion. This movement follows previous transactions of 12,000 and 11,833 Bitcoin conducted on March 6 and March 11, respectively. The latest transfer included 893 Bitcoin directed to a Mt. Gox cold wallet and another 10,608 Bitcoin sent to a separate wallet. Current speculation indicates that these movements may signal impending payouts to creditors, who have the option to receive compensation in Bitcoin. Following its bankruptcy in 2014, a trustee was appointed to oversee the proceedings. However, payouts have faced delays, with a recent extension pushing deadlines to October 31, 2025, as many creditors have yet to complete required procedures for repayments. Mt. Gox still holds around 35,000 Bitcoin worth approximately $3.1 billion across its wallets, igniting community interest regarding potential future actions.

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