RATE Group | More Than $140 Million in Bitcoin Moved from Mt Gox Wallets
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More Than $140 Million in Bitcoin Moved from Mt Gox Wallets

26 Apr More Than $140 Million in Bitcoin Moved from Mt Gox Wallets

Posted at 17:05h in Bitcoin News by

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16,000 bitcoins (an amount worth about $141 million) tied to the now-defunct bitcoin exchange Mt Gox were moved on Thursday.

According to CryptoGround, which monitors Mt Gox’s remaining wallets, the bitcoins were removed from four separate addresses in increments of approximately 2,000, with 0 BTC remaining in each wallet that the funds were extracted from.

The wallets are under control of the exchange’s bankruptcy trustee, Nobuaki Kobayashi, a Tokyo lawyer who also revealed in March that he had sold about $400 million of Mt Gox bitcoin and bitcoin cash in September of 2017. At present, the accounts hold roughly 146,106 BTC, blockchain data shows.

Additional network data indicates that trustee holdings of bitcoin cash are on the move, with 16,000 BCH being sent over the course of four transactions.

Kobayashi is tasked with liquidating the tokens on behalf of Mt Gox creditors, most of whom have not recovered their funds after the exchange closed its trading operations in 2014….

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