Learn more

Mt. Gox has moved 37,477 Bitcoin to an unknown wallet address. The defunct crypto exchange has now distributed over 40% of the cryptocurrencies it owes to its creditors. According to data from blockchain analytics firm Arkham Intelligence, the $2.5 billion worth of funds were transferred from a Mt. Gox-linked wallet on July 24 at 4:53 am UTC. The recipient wallet is identified as “12G…u9u,” most likely belonging to a centralised crypto exchange. Mt. Gox moving funds to BitstampThe transfer was followed by another 5106 BTC being moved to two wallets. One wallet was linked to the crypto exchange…

cuu