
The online data analysis platform Lookonchain announced earlier today (28th) on the X platform that the wallet addresses tagged as Mt.Gox exchange are transferring bitcoins (BTC). These wallets have transferred a total of 12,240 BTC (valued at approximately $843.6 million) to a new wallet and still hold 125,651 BTC (valued at $866 million). According to data compiled by the blockchain intelligence platform Arkham, the Mt.Gox wallets collectively hold 137,892 BTC (valued at $946 million).
According to a previous report by Zombit, Mt.Gox, which closed in 2014 due to a hacker attack, is preparing to distribute approximately $9.5 billion worth of 142,000 BTC and $73 million worth of 143,000 Bitcoin Cash (BCH) to creditors. The deadline for the reimbursement to creditors by the Mt.Gox trustee has been set for October 31, 2024.
Update: Multiple wallet addresses tagged as Mt.Gox transferred a large amount of bitcoins again after 10:30 am, totaling 30,590 BTC (valued at approximately $2.1 billion). Including the previous batch of transferred bitcoins, these addresses have transferred a total of 42,830 BTC, valued at around $2.9 billion.
Transaction records of wallet addresses tagged as Mt.Gox, source:
Arkham
Are Stablecoins Primarily Used for Money Laundering? Blockchain Analysis Firm Reports 99% of Stablecoin Transactions Will Be for Legitimate Purposes in 2024.
Table of Contents Toggle Stablecoin Usage Becomes Increasingly Compliant TRM …