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Bankrupt crypto exchange moves millions in Bitcoin after months
Bankrupt crypto exchange Mt. Gox has moved millions of dollars in Bitcoin (BTC) for the first time in eight months, signaling continued preparation for long-awaited creditor repayments. On-chain data from Arkham showed the estate transferred 185 BTC, valued at $16.8 million, to a Kraken wallet following a small test transaction. The latest transfer is part of a broader reshuffling of Mt. Gox’s holdings. According to Arkham, another wallet associated with the estate received change output totaling roughly $936 million in BTC shortly after the movement to Kraken. The last major activity from Mt. Gox occurred eight ... (full story)
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