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Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Defunct crypto exchange Mt. Gox moved a combined $739 million worth of bitcoin to two addresses early Tuesday, according to Arkham Intelligence data. Mt. Gox transferred 10,306 BTC, worth roughly $730.8 million, from its cold wallets to the unmarked address "14FE…c9eq" at around 4:47 a.m. UTC on Tuesday. It also moved 116.3 BTC to its hot wallet at the same time, Arkham data shows. The Arkham page currently marks the transferred bitcoin as "unspent," and it remains unclear whether the funds would be used for future creditor repayments. Large bitcoin movements in the past have often preceded distributions to ... (full story)
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