{"id":18252,"date":"2024-11-01T13:25:22","date_gmt":"2024-11-01T11:25:22","guid":{"rendered":"https:\/\/forklog.com\/en\/mt-gox-transfers-35-million-in-bitcoin-from-cold-wallet\/"},"modified":"2024-11-01T13:25:22","modified_gmt":"2024-11-01T11:25:22","slug":"mt-gox-transfers-35-million-in-bitcoin-from-cold-wallet","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/mt-gox-transfers-35-million-in-bitcoin-from-cold-wallet\/","title":{"rendered":"Mt.Gox Transfers $35 Million in Bitcoin from Cold Wallet"},"content":{"rendered":"<p>The bankrupt cryptocurrency exchange Mt.Gox has transferred approximately 500 BTC (~$35 million) to an unknown address. The transaction from the platform&#8217;s cold wallet was recorded by the service <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/tx\/5ab436630440f56f53787126c84beb8ce346c015c8f465359766d1045a9d1802\">Arkham<\/a>.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Arkham-Google-Chrome-1024x494.jpg\" alt=\"Arkham-Google-Chrome\" class=\"wp-image-244283\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Arkham-Google-Chrome-1024x494.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Arkham-Google-Chrome-300x145.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/Arkham-Google-Chrome-768x370.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/Arkham-Google-Chrome.jpg 1164w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Arkham.<\/figcaption><\/figure>\n<p>In May, Mt.Gox began moving its bitcoin holdings for the first time in five years, with the amount then estimated at 137,892 coins valued at $9.35 billion.<\/p>\n<p>In July, the exchange&#8217;s trustee commenced compensation payments to users through authorized platforms. By the end of the month, Kraken and Bitstamp <a href=\"https:\/\/forklog.com\/en\/news\/kraken-and-bitstamp-report-on-mt-gox-asset-distribution\">reported<\/a> receiving and distributing assets.<\/p>\n<p>However, ForkLog discovered that the reimbursement process is not proceeding smoothly.<\/p>\n<p>According to Arkham, on August 21, Mt.Gox sent 1264.7 BTC ($75.36 million) to Bitstamp.<\/p>\n<p>Conversely, Kraken <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/tx\/9c6e542a8e1228a01aab77e9244d413583be1e85c31d79ff7218aadedc10d2e5\">returned<\/a> 127.6 BTC ($8.07 million) to the platform on September 24.<\/p>\n<p>The last major transfer to an unmarked address was recorded on August 20. Subsequently, Arkham analysts recognized the <a href=\"https:\/\/forklog.com\/en\/news\/mt-gox-transfers-784-million-in-bitcoin\">movement of 13,265 BTC<\/a> ($784 million) as an asset distribution among Mt.Gox&#8217;s storages.<\/p>\n<p>At the time of writing, the exchange&#8217;s wallets hold 44,905 BTC, amounting to $3.12 billion.<\/p>\n<p>Mt.Gox&#8217;s management has postponed the final deadline for compensation payments to October 31, 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The bankrupt cryptocurrency exchange Mt.Gox has transferred approximately 500 BTC (~$35 million) to an unknown address. The transaction from the platform&#8217;s cold wallet was recorded by the service Arkham. Data: Arkham. In May, Mt.Gox began moving its bitcoin holdings for the first time in five years, with the amount then estimated at 137,892 coins valued [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1300,1166,1227,136],"class_list":["post-18252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bankruptcy","tag-centralized-exchanges-cex","tag-cryptocurrency-transactions","tag-mtgox"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=18252"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/18252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/18251"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=18252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=18252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=18252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}