Updated: May 27, 2024 11:31 PM EDT
According to data from Arkham Intelligence, Mt. Gox appears to have moved at least 42,830 BTC, worth roughly $2.9 billion, from its cold wallets.
The bitcoin exchange, which collapsed in 2014, transferred assets to unknown addresses in multiple transactions as of 11 a.m. Hong Kong time on Tuesday. data Indicated.
The move marked the first time in five years that Mt. Gox has moved assets out of its wallets. The exchange still holds roughly $9.42 billion worth of bitcoin in certain wallets tracked by Arcam.
In September 2023, the Mt. Gox trustee Announced The repayment deadline has been extended by 12 months to October 31, 2024.
Mt. Gox’s trustees did not immediately respond to The Block’s request for comment.
Launched in 2010, the Tokyo-based platform gained popularity and became the largest Bitcoin exchange in 2013. 70% The company controlled all of the bitcoin transactions around the world, but when it stopped trading in early 2014, all withdrawals were halted. The site was quickly taken offline, and the company filed for bankruptcy after losing over 800,000 bitcoins.
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