Crypto Daily – Defunct crypto exchange Mt. Gox reportedly moved 500 (BTC) worth $35 million to cold storage wallets. The news comes after the exchange announced it would delay customer repayments by a year following a major hack in 2014.
Mt. Gox reportedly moved 500 BTC, worth around $35 million at current market value, to unknown addresses. On-chain analysis from the blockchain intelligence platform Arkham identified two transactions transferring Bitcoin associated with the exchange.
Mt. Gox Postpones Deadline to Repay Creditors
Bitcoin, associated with the collapsed crypto exchange Mt. Gox, is moving again. Blockchain intelligence firm Arkham identified two transactions in which the exchange transferred 500 BTC to cold storage on November 1st. The 31.78 and 468.24 BTC transactions to two unmarked addresses mark the first major coin movement from Mt. Gox wallets in a month. According to Arkham, around 44,905 BTC, worth around $3.1 billion, remains in Mt….
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