Kraken announced on Tuesday that it has successfully distributed Bitcoin and Bitcoin Cash to customers affected by the Mt. Gox hack from a decade ago. This marks a significant step in resolving the Mt. Gox saga. Kraken, chosen by the Trustee to help return client funds, did not disclose the exact amount returned. It is one of five exchanges tasked with returning funds to some of the 127,000 creditors affected by the 2014 collapse, who are collectively awaiting over $7 billion in distributions. Blockchain analytics firm Arkham Intelligence reported that Mt. Gox has moved $2.85 billion worth of Bitcoin to new wallets, with $340 million sent to Bitstamp. The Mt. Gox estate still holds 85,234 BTC, valued at $5.7 billion.

Source: Decrypt