The post Latest Update: MT. Gox Moves $3.1B BTC appeared first on Coinpedia Fintech News

According to the latest update from Arkham Intelligence, Mt Gox has moved $3.1 Billion of Bitcoins. Last night, Mt Gox addresses moved 33.96K BTC worth $2.25 Billion to addresses Arkham most likely believes to be of BitGo. BitGo is the 5th and final custodian working with the Mt. Gox Trustee to return funds to creditors. After these transfers, Mt. Gox now holds 46.16K BTC ($3.06B), including the new Mt. Gox address starting with “1MUQEii”. Mt. Gox has already transferred billions of dollars worth of bitcoin to designated crypto exchanges as part of its ongoing $9 billion payout.