Nearly 107,000 bitcoin have been moved since early Asian hours on Tuesday, with bitcoin shedding 1.2% on expectations of selling pressure.

According to Arkham Intelligence, Mt. Gox has moved 12,240 BTC to a new wallet. The exchange plans to repay creditors before October 31.

Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.

The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.

To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a

Some former customers of the crypto exchange have reported receiving an email asking for confirmation of identity and account details on the mtgoxi