The notoriously bankrupt crypto exchange transferred bitcoins for a record $ 3.2 billion

on July 23, Mt. Gox began moving funds again, transferring more than 47,500 BTC, worth almost $ 3.2 billion, to two unknown addresses. According to Arkham Intelligence, when the transfers began, Mt. Gox had about 90,344 BTC at the time of the transfer, but now the number has decreased to 42,744 BTC.

The transfers are part of the exchange’s plans to quickly pay creditors, which were announced on July 5. The Mt. Gox wallet, labeled «Mt. Gox: Cold Wallet», transferred 5,110 BTC to an unknown wallet and Bitstamp, with 2,871 BTC sent to an unknown address and the rest going to Bitstamp.

on July 22, Mt. Gox began preparing to pay creditors via Bitstamp, as evidenced by the movement of funds in the network. According to Arkham Intelligence, Mt. Gox addresses have made microtransactions for four separate Bitstamp deposits.

Since the payouts began on July 16, Mt. Gox has moved more than $ 12 billion in bitcoins. The huge volumes of funds moved have caused significant movement in the market, although according to surveys, many creditors plan to hold on to their digital assets rather than sell them immediately upon receipt.

As a reminder, clients of the bankrupt crypto exchange Mt. Gox crypto exchange have been reporting numerous attempts by anonymous individuals to hack their accounts on the platform. In the subreddit r/mtgoxinsolvency, users complain about numerous attempts to log into their accounts. Many believe that the attackers are using a password brute force method, but in all cases, the hacking was stopped by two-factor authentication. The reports of hacking attempts came after the team of the exchange’s trustee transferred $ 6 billion worth of crypto assets to the Kraken platform for further compensation payments.