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Update: Mt. Gox 6,800 BTC not linked with ex-CEO’s plans to redistribute $6B

04/03/2022

Less than a minute

2022.04.03 16:11

Update: Mt. Gox 6,800 BTC not linked with ex-CEO’s plans to redistribute $6B

A recent whale alert misassociated an F2pool cold wallet with Bitcoin (BTC) exchange Mt. Gox, which transferred 6,800 BTC to an unknown wallet just days after the former CEO Mark Karpeles revealed plans to redistribute BTC worth $6 billion to its creditors.

Mt. Gox was a Tokyo-based Bitcoin exchange that shut down in Feb. 2014 after a hack that compromised 850,000 BTC. In a recent interview, Karpeles disclosed that the exchange had roughly 200,000 BTC in possession during the company’s closure, out of which the trustee sold roughly 50,000 BTC for $600 million in the past.

04/03/2022

Less than a minute

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