Articles for tag: bankruptcy proceedings, Bitcoin transfers, blockchain analytics, creditor payouts, Crypto Exchange, Cryptocurrency market, Mt. Gox

March 25, 2025

Mt. Gox Moves $1B in Bitcoin: Major BTC Transfer Highlights Digital Currency Trends This Month

The bankrupt crypto exchange Mt. Gox has recently transferred 11,501 Bitcoin, marking its third major transaction in less than a month. On March 25, Blockchain analytics firm Arkham Intelligence reported that Mt. Gox sent 893 Bitcoin worth approximately $78 million to a cold wallet and another 10,608 Bitcoin valued at around $929 million to a ...

March 11, 2025

Market News

Crypto

Mt. Gox Transfers $930M in Bitcoin as Payout Deadline Approaches: What Investors Need to Know

Recently, Bitcoin linked to the defunct Mt. Gox exchange moved significantly, stirring speculation about possible creditor payouts. On Tuesday, a Mt. Gox wallet transferred nearly 11,834 BTC, valued around $930 million, with a portion going to an operations wallet, potentially for creditor distributions. This movement follows a recent $1 billion reshuffling of assets and a ...