Big news in the world of Bitcoin! Mt. Gox, a now-bankrupt cryptocurrency exchange, recently moved a HUGE amount of Bitcoin. This is part of a plan to pay back people who lost money when Mt. Gox had problems years ago.
- Mt. Gox sent over 11,800 Bitcoins, worth about $1 billion!
- This is part of paying back customers who lost money.
- This isn't the first time Mt. Gox has moved a large amount of Bitcoin.
- Usually, big Bitcoin moves make the price go down, but this time, it didn't change much.
Fact | Number |
---|---|
Bitcoins moved | 11,834 |
Approximate value (USD) | $1 Billion |
Number of creditors | ~17,000 (so far) |