Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday

Bitstamp’s action came after multiple Mt. Gox creditors reported receiving assets via Kraken. The trust managing the Mt. Gox assets started sending assets to several crypto exchanges this month, and users will be able to reclaim the funds in the coming weeks. Mt. Gox was once the world’s biggest crypto exchange, handling over 70% of all bitcoin transactions in its early years.