According to data from the blockchain analytics platform Arkham Intelligence, 500 bitcoins worth $35 million were withdrawn from a cold wallet linked to the defunct crypto exchange Mt. Gox to two unknown addresses. The first transaction resulted in 21,78 BTC, while the second transfer was significantly larger, amounting to 468,24 BTC.
Transfer from Mt.Gox wallet
According to Arkham, there are still 44 BTC worth around $905 billion in addresses linked to Mt. Gox.
The last time assets at the exchange, which has been defunct since 2014, moved was August 20, 2024, when Mt. Gox transferred 12 bitcoins, worth about $000 million, to an unknown address. It was the first major transaction since late July, when the exchange's asset manager began distributing funds to creditors.
In October, Mt. Gox once again pushed back the repayment deadline for creditors, pushing back the repayment date by a year to October 31, 2025.
Many creditors have still not received payments because they have not completed all the necessary procedures, the exchange's asset manager said in an official statement.
It is known that due to system failures, some former Mt. Gox clients received double payments. However, they have already been asked to return the funds received in error.
