May 2, 2025
Blockchain

5000 BTC more in action with Mt.Gox

  • September 5, 2022
  • 0

On September 4, an unknown person moved another 5,000 BTC (~$96.1 million) associated with the bankrupt cryptocurrency exchange Mt. This is reported by the GFiS Telegram channel. The

5000 BTC more in action with Mt.Gox

5000 BTC more in action with Mt.Gox
5000 BTC more in action with Mt.Gox

On September 4, an unknown person moved another 5,000 BTC (~$96.1 million) associated with the bankrupt cryptocurrency exchange Mt. This is reported by the GFiS Telegram channel.

The funds went to the Kraken exchange. The user purchased their coins at a price of about $660 per 1 BTC in 2013.

Data: GFIS.

According to blockchain explorer OXT.me, these bitcoins were withdrawn as a result of internal transfers. Wallets associated with Mt.Gox. Some facts indicate that these most likely belonged to the creator of the exchange, Jed McCaleb. The latter sold the platform to Mark Karpeles in 2011.

Data: GFIS.

Information about the ownership of McCaleb’s assets was indirectly confirmed by Karpeles in a personal conversation with the author of the GFiS channel. At the same time, he insisted that the withdrawal was “an ordinary act of a private person”.

“However, this amount of Bitcoin is too much for the “ordinary individual” even for 2011. Transfers of such large sums to exchanges are often done either for OTC transactions or to “hide the tracks,” GFiS said.

In July, McCaleb withdrew all of his XRP.

Historically, the long-sleeping big sums movement preceded significant corrections.

Recall that on August 29, 10,000 BTC associated with Mt.Gox began to move for the first time since 2013.

The day before, the exchange’s creditors denied rumors of a refund as part of the civil rehabilitation process.

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Source: Fork Log

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