Kraken to Distribute BTC and BCH to Mt. Gox Creditors Within 7-14 Days

The post Kraken to Distribute BTC and BCH to Mt. Gox Creditors Within 7-14 Days appeared first on Coinpedia Fintech News

Crypto exchange Kraken stated that it has received funds from Mt. Gox creditors, according to an email statement. The email read, “We have successfully received creditor funds (BTC and BCH) from the Mt. Gox Trustee. While we will work to distribute funds as quickly as possible, please anticipate 7-14 days for funds to be credited to your account. The amount you will receive has been determined by the Trustee, and we will distribute it according to their instructions.” Earlier today, Mt. Gox transferred approximately 92,000 BTC, valued at $5.8 billion, to four unnamed addresses.