Coinspeaker
Bitcoin Wallet of Failed BTC-e Exchange Linked to Mt. Gox Wakes Up
In an interesting development, a cryptocurrency wallet belonging to the failed BTC-e exchange has recently come back to life on Wednesday, November 23. The crypto wallet sent a total of 10,000 Bitcoin worth $165 million to two unidentified recipients.
A part of the transaction took place around 08:38 UTC. After this, the wallet receiving 3,500 Bitcoins forwarded 300 BTC to another destination. This was further split with Bitcoins landing into several wallets with no links to any of the known custodial services.
It is also possible that the wallet split the large quantity of BTC into small chunks and forwarded them to addresses of his own. Another possibility is that he sent it to other people and cashed it out via an unofficial over-the-counter broker. The rest of the 6,500 Bitcoins have stayed put so far.
Before FTX, Mt. Gox was the first major crypto exchange to go defunct in 2014 after being robbed for 74
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