According to blockchain analytics firm Arkham, the Mt. Gox estate transferred 500 BTC ($35.04 million) to two unknown wallets last Friday.
The defunct cryptocurrency exchange said it performed two transactions just before 1 a.m. UTC, sending 31.78 BTC to one address and 468.24 BTC to another, marking its first transactions since late September. data From Arkham. both wallet I then performed further transfers.
Since there is no mark on the wallet, the transfer was sent to Mt. It is unclear whether this will be part of any future distributions to Gox creditors. This movement is still past Redemption through distributors such as cryptocurrency exchange Bitstamp and Kraken took precedence. According to arkhamMt. Gox still holds 44,905 bitcoins, worth more than $3.1 billion at the time of publication.
Earlier this month, Mt. Gox postponed the repayment deadline from October 31, 2024 to October 31, 2025.
established In 2010, Mt. Gox ran the world’s largest Bitcoin exchange until the platform suffered a serious security breach in 2014, resulting in the loss of at least 850,000 BTC. Thousands of creditors have been waiting for their bitcoins to be returned to them, a process that has been ongoing for the past several months.
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About the author
Jordan Leech is an editorial intern at The Block based in Berlin. He worked as a broadcast reporter, camera operator, and producer for several years before moving on to work in the cryptocurrency industry. Jordan holds degrees in Philosophy and Political Science from the University of Guelph and is an avid photographer and traveler in his spare time.