Bitcoin Falls After Mt. Gox Moves $9 Billion Worth of BTC 💸

BTC's price plummeted to $68K after the long-defunct Mt. Gox exchange decided to shuffle around 140,000 BTC (worth about $9 billion) to some mysterious address early Tuesday morning in Asia. Rehabilitation trustee Nobuaki Kobayashi reassured everyone in a press release that no Bitcoin or Bitcoin Cash (BCH) was sold, insisting that the group was simply "managing Bitcoin and Bitcoin Cash in a secure manner." Because, of course, nothing says "secure" like moving billions to an unknown location.

https://decrypt.co/232642/bitcoin-falls-after-mt-gox-wallet-moves-9-billion-worth-of-btc