According to data from blockchain analysis firm Arkham, Mt.Gox transferred approximately 32,371 BTC ($2.19 billion) to the wallet on Monday.
This big transfer, Mt. It was recorded as the biggest move Gox has made in recent months. The majority of the $2.19 billion transfer, 30,371 BTC, was sent to the wallet address “1FG2C…Rveoy”. Also 2,000 BTC, Mt. Gox’s cold wallet was transferred to the address “1Jbez…LAPs6”. The 2,000 in question BTCIt was later moved to another unmarked wallet, “15gNR…a8Aok”.
Mt. Gox’s past Bitcoin transfers and refund process
It is not yet clear whether the transfer made on Monday is part of future distributions to creditors. However, similar movements in the past took place before refunds through exchanges such as Bitstamp and Kraken. Crypto investors Mt. He was worried about Gox’s latest transfer. The downward trend of the market made this transfer even more critical.
Repayment date postponed
Last month Mt. Gox announced that it postponed the repayment date from October 31, 2024 to October 31, 2025. This postponement, Mt. This concerns the thousands of creditors who are waiting to get their money back from Gox.
Founded in 2010, Mt. Gox was the world’s largest crypto exchange until it suffered a major security breach in 2014. At least 850,000 BTC was lost as a result of this attack. Thousands of creditors have been waiting for months to get their lost Bitcoins back. It is not yet clear how this process will end.
