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Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

“Mt. Gox moved 47,228 BTC, signaling the start of their repayment process, which has caused some market fear due to the large potential sell-off…However, it’s worth noting that despite these concerns, the long-term impact may be less severe as the market gradually absorbs the selling pressure,” said Willy Chuang, COO of crypto exchange WOO X.

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