Earlier today, $9.8 billion of bitcoin from multiple wallets associated with Mt Gox was consolidated into a single wallet without prior warning from the Mt Gox Trustee, causing some alarm among creditors.

The Trustee has now issued a statement, although it largely clarifies the known process.

"Under the Rehabilitation Plan, the Rehabilitation Trustee is preparing to make repayment for the portion of cryptocurrency rehabilitation claims to which cryptocurrency is allocated," the Trustee said. He clarified that the bitcoin and bitcoin cash will be distributed to creditors either as cryptocurrency or sold for fiat money (dependent on the creditor's choices).

The Trustee said that the exchange has not yet sold any of the bitcoin or bitcoin cash for creditors who have asked for payment to …