Mt.
Gox, the defunct crypto exchange whose 2014 collapse left creditors waiting more than a decade for repayment, moved more than $739 million in Bitcoin on Tuesday as the asset fell below $70,000
The defunct exchange moved 10,422.65 BTC from cold storage, with most of the funds sent to a new wallet and 116.30 BTC routed to a known Mt. Gox hot wallet, according to Arkham data showing the transfers early Tuesday. It’s worth noting the transactions do not indicate that Mt.
Gox sold Bitcoin or began a new round of creditor repayments. The estate’s trustee has until Oct. 31, 2026 to complete repayments after extending the deadline last year, citing incomplete creditor procedures and processing delays. Mt.