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Mt.Gox Moves $2.2B BTC to Two Unknown Wallets: Report

source-logo  cryptotale.org 05 November 2024 03:17, UTC
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  • Mt.Gox transfers nearly 32,000 Bitcoins worth over $2.2 billion to two unidentified wallets.

  • The defunct crypto exchange had postponed its creditor repayment deadline to Oct 31, 2025.

  • Earlier, Mt.Gox had moved about 500 Bitcoins worth $35 million to two cold wallets.

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Mt.Gox has come under the headlines for yet another transfer, but this time, it is stated to be the largest in months. The now-defunct cryptocurrency exchange has moved over 32,000 Bitcoins worth nearly $2.2 billion on Monday. According to a report from Arkham Intelligence, the funds were transferred to two unidentified wallets.

cryptotale.org