Wallets controlled by the now-bankrupt Mt. Gox estate has begun moving funds again, with 500 BTC, or $35.04M worth, moved last night. The initial sum was transferred from a Mt. Gox cold wallet (1Jbez), to two other wallets, bc1qn and 12cTj. The BTC was further distributed through several wallets, with the majority of the BTC ending up in a single wallet, 1JGSC, which received 400 BTC, or $27.95M worth.
The transfer is the latest in a series of transfers in the disbursements from the bankruptcy of Japanese centralized exchange, Mt. Gox, which wound up in 2014 after a hack. After a decade of legal proceedings and waiting, creditors are finally receiving their BTC, with many of them having their assets significantly increase in dollar value since the hack in 2014.
Today, Mt. Gox addresses still hold 44.878K BTC or $3.19B worth, with ~31.6% of the original 141,686 BTC to be distributed to creditors.
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