Tag: Mt. Gox

Mt. Gox Transfers $9.6 Billion in Bitcoin After Five-Year Hiatus

Mt. Gox, the defunct bitcoin exchange, made headlines on Tuesday morning in Asia by transferring at least 42,830 BTC, valued at approximately $9.6 billion, to an unknown address. According to data from Arkham Intelligence, this move marks the first time in five years that Mt. Gox has moved assets out of its wallets. Once the largest Bitcoin exchange, Mt. Gox still holds about $9.42 billion worth of bitcoin in its tracked wallets.