#MtGoxTransfers

The *Mt. Gox transfers* are part of a long-awaited process to repay the creditors of the once-popular Bitcoin exchange after its devastating hack in 2014. With the rehabilitation process well underway, the distribution of recovered *Bitcoins* and *fiat funds* to creditors continues to proceed, although it has been a slow and complicated process.

As these funds are transferred, it is important to keep an eye on the market because large movements of recovered Bitcoin could influence *market sentiment* and lead to *volatility* in the broader cryptocurrency market.