Mt. Gox Moves $784 Million in Bitcoin, Potential Completion to Creditors May Be Next.

Bankrupt cryptocurrency exchange Mt. Gox has moved a large amount of Bitcoin, about $784 million, to unknown and cold wallets. According to blockchain analytics firm Arkham, 12,000 BTC were moved to an unknown wallet and 1,264.69 BTC were moved to Mt. Gox's known cold wallets. The transfers are part of an ongoing reset to creditors, stemming from the massive losses caused by a 2014 security breach. The activity could indicate that a critical process is nearing completion.