{"id":40811,"date":"2024-11-05T15:12:02","date_gmt":"2024-11-05T15:12:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/mt-gox-moves-2-2-billion-in-bitcoin-as-it-works-to-repay-creditors\/"},"modified":"2024-11-05T15:12:02","modified_gmt":"2024-11-05T15:12:02","slug":"mt-gox-moves-2-2-billion-in-bitcoin-as-it-works-to-repay-creditors","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/mt-gox-moves-2-2-billion-in-bitcoin-as-it-works-to-repay-creditors\/","title":{"rendered":"Mt. Gox moves $2.2 billion in Bitcoin as it works to repay creditors"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676650847310-06e2853a-c2ab-4c86-814b-96f76cbef2b3-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676650847310-06e2853a-c2ab-4c86-814b-96f76cbef2b3-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676650847310-06e2853a-c2ab-4c86-814b-96f76cbef2b3-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1676650847310-06e2853a-c2ab-4c86-814b-96f76cbef2b3-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li aria-level=\"1\">Mt. Gox moved 32,371 Bitcoin to two wallets, amounting to $2.19 billion<\/li>\n<li aria-level=\"1\">The movement follows the transfer of 500 Bitcoin worth more than $35 million<\/li>\n<li aria-level=\"1\">In October, Mt. Gox announced it was pushing its repayment deadline to October 31, 2025<\/li>\n<\/ul>\n<p>Defunct crypto exchange Mt. Gox has moved another $2.19 billion to two unmarked wallets, according to data from blockchain analytics firm Arkham Intelligence.<\/p>\n<p>Of the $2.19 billion, <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/mt-gox\" target=\"_blank\" rel=\"noopener\">30,371 Bitcoin was transferred<\/a> to wallet 1FG2C\u2026Rveoy. The extra 2,000 Bitcoin was sent to a cold wallet before being transferred to wallet 15gNRV\u2026Aok. According to data from Arkham, the movement of <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a> comes five days after the exchange moved 500 Bitcoin worth over $35 million.<\/p>\n<p>It\u2019s one of the largest movements the exchange has made this year. In May, it was reported that <a href=\"https:\/\/coinjournal.net\/search\/mt+gox\">Mt. Gox<\/a> had <a href=\"https:\/\/coinjournal.net\/news\/mt-gox-moves-over-9-billion-in-btc-to-new-wallet\/\">transferred over $9 billion worth of Bitcoin<\/a> to a new wallet. In July, the platform <a href=\"https:\/\/coinjournal.net\/news\/mt-gox-moves-bitcoin-worth-nearly-2-8-billion\/\">moved a further $2.8 billion<\/a>. In both of these instances, it was thought Mt Gox\u2019s trustee was preparing for repayment to creditors.<\/p>\n<p>It may be that this further movement of Bitcoin is related to repaying creditors, something they have been waiting for since a hack caused the exchange to collapse in 2014. In October, Mt. Gox <a href=\"https:\/\/coinjournal.net\/news\/mt-gox-delays-repayment-deadline-pushes-it-to-october-2025\/\">pushed its repayment deadline to October 31, 2025<\/a>, adding another year from its original date.<\/p>\n<p>Last month, Mt. Gox said the extended deadline was down to two things: creditors not completing the repayment steps and issues arising from the repayment process.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/mt-gox-moves-2-2-billion-in-bitcoin-as-it-works-to-repay-creditors\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Mt. Gox moved 32,371 Bitcoin to two wallets, amounting to $2.19 billion The movement follows the transfer of 500 Bitcoin worth more than $35 million In October, Mt. Gox announced it was pushing its repayment deadline to October 31, 2025 Defunct [&hellip;]<\/p>\n","protected":false},"author":3947362367,"featured_media":40812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40811"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362367"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=40811"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/40812"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=40811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=40811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=40811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}