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Arkham: Multiple Mt.Gox-linked wallets conduct small transfer tests involving Bitbank hot wallets
2024-07-04 10:29:44
Odaily News In the hours before the $9 billion worth of Bitcoin was due to be repaid, multiple Mt.Gox wallets were involved in small transfer tests. According to Arkham Intelligence, the transactions involved three wallets associated with Mt.Gox. The largest transaction was for $24 worth of Bitcoin. When the last large-scale transfer of Mt.Gox funds took place, the funds were mainly consolidated into three wallets. When this happened, a wallet that was once used as an intermediary had $24 left. According to the Arkham tag, in the past few hours, this small amount of Bitcoin was forwarded to a wallet, which then sent the funds to Bitbank's hot wallet. The rest of the Bitcoin was sent to a new wallet. Bitbank is one of the exchanges that supports Mt.Gox payments. These payments will not be paid directly to Bitcoin holders, but rather a trustee will send the funds to five exchanges, namely Kraken, Bitstamp, SBI VC Trade, Bitbank and Bitgo. These exchanges have all stated that once they receive the funds, they will distribute the funds to customers within different periods of up to 90 days. (The Block)