Bitstamp to Distribute Mt. Gox Repayments to Customers Promptly

IconCryptoNewsTerminal Staff08 Jul, 2024

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Bitstamp to Distribute Mt. Gox Repayments to Customers Promptly

Bitstamp, a reputable cryptocurrency exchange, has declared its intention to swiftly transfer any Mt. Gox reimbursements to its customers once received. This announcement follows Mt. Gox's recent move to initiate the repayment of funds to creditors. As one of the creditors involved in Mt. Gox's rehabilitation process, Bitstamp has a 60-day window to distribute the funds. The commitment to immediate distribution aligns with the actions of Bitbank, another cryptocurrency exchange, which promptly processed creditor repayments in Bitcoin (BTC) within hours, surpassing the initially estimated 14-day distribution period. Bitstamp's prompt response demonstrates its dedication to customer service and its commitment to supporting the resolution of the Mt. Gox incident.

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