Mt.Gox transfers $2.2 billion in bitcoins as it tries to pay off creditors - CoinJournal
According to analyst firm #Arkham Intelligence, bankrupt #cryptocurrency exchange Mt. Gox transferred another $2.19 billion to two unmarked wallets.
of the $2.19 billion, 30,371 bitcoins were transferred to wallet 1FG2C. . transferred to wallet Rveoy. Another 2,000 bitcoins were sent to the cold wallet and to wallet 15gnrv..... . Aok were transferred to wallet 15gNRRV..... According to Arkham, this #bitcoin move comes five days after the exchange transferred 500 bitcoins worth more than $35 million.
This is one of the biggest moves for the exchange this year: in May, Mt Gox reportedly transferred $9 billion worth of bitcoins to a new wallet. In July, the platform transferred another US$2.8 billion. In both cases, it was speculated that Mt Gox trustees were preparing to pay creditors.
presumably, the further bitcoin transfers are related to payments that creditors have been waiting for since the exchange collapsed following a hack in 2014. In October, Mt Gox changed the maturity date to Oct. 31, 2025, adding another year to the original maturity date.
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