Bankrupt crypto exchange Mt. Gox transferred over $1 billion worth of bitcoin to an unmarked address today, according to Arkham Intelligence data.

The address "1Mo1…9gR9" received approximately 11,834 BTC, worth about $1.07 billion, from Mt. Gox's "1PuQB" wallet at around 3:17 UTC on Thursday, Arkham data shows. This is Mt. Gox's first larger transaction since late January.

Around the same time, Mt. Gox also sent 166.5 BTC, worth $15.12 million, to its cold wallet "1Jbez" just a few minutes after the $1.07 billion transaction.

Launched in 2010, the Tokyo-based platform gained popularity and became the largest bitcoin exchange by 2013, servicing 70% of all bitcoin trades worldwide. However, it stopped all withdrawals in early 2014 when the business suspended trading. The site soon went offline, and the company filed for bankruptcy protection after losing over 800,000 BTC.

Thousands of creditors have been waiting to have their bitcoin returned. In October 2024, Mt. Gox announced the repayment deadline was pushed back by 12 months to Oct. 31, 2025.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。