Mt. Gox-Linked Address Transfers $24 in BTC to Bithumb Hot Wallet
CryptoNewsTerminal Staff04 Jul, 2024
Mt. Gox-Linked Address Transfers $24 in BTC to Bithumb Hot Wallet
The movement revives uncertainty about possible connections between the defunct Mt. Gox exchange and present-day entities in the cryptocurrency ecosystem. Arkham Intelligence, a blockchain analysis firm, recently reported the transfer of $24 worth of Bitcoin (BTC) from a wallet associated with Mt. Gox to a Bithumb hot wallet. Bithumb is one of the exchanges that have supported the Mt. Gox creditor repayment process. While it's unclear if this transaction is related to the repayment process, it adds to the speculation surrounding the potential involvement of Mt. Gox in ongoing crypto activities.
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