A link has been established between 10,000 BTC that moved on August 29 for the first time since 2013, and the bankrupt cryptocurrency exchange Mt.Gox. The information was reported by the Telegram channel GFiS.
According to available information, in each of the transaction chains associated with both withdrawals, the same wallet appears, which received 134,000 BTC from Mt.Gox during the exchange’s cyberattack in the summer of 2011.
Among those suspected in organizing the hack were the founders of the later-created exchange BTC-e and its successor WEX.
“With the developments surrounding the heads of these two exchanges, if they were involved in the summer cyberattack, it is possible that older wallets could be opened under pressure from law enforcement. If, however, other parties were involved, the date coincidence still looks rather curious,” wrote the authors of GFiS.
Earlier, ForkLog reported that historically the movement of dormant large sums preceded significant corrections.
Mt.Gox, once the largest bitcoin exchange, collapsed in early 2014 after information about its alleged hack and the theft of 800,000 BTC ($480 million at the time) emerged.
In December 2018, former platform head Mark Karpelès, in his closing remarks at a Tokyo court, proclaimed himself innocent of the events that led to multi-million-dollar losses for customers and the company’s collapse.
During the investigation it emerged that almost half of the bitcoins stolen from Mt.Gox in 2014 subsequently ended up on the competing platform BTC-e, which is allegedly run by the shell London entity Always Efficient LLP with opaque ownership structures.
Recently, creditors of the exchange denied rumors of reimbursements in the civil rehabilitation process.
Read ForkLog’s bitcoin news in our Telegram — cryptocurrency news, price data and analysis.