Mt. Gox continued its repayments on July 24, offloading 5,106 Bitcoin valued at approximately $335 million to the cryptocurrency exchange Bitstamp and an unknown address.
According to Arkham Intelligence data, two transfers of 5,106 Bitcoin (BTC) were sent out at 6:16 am UTC, with 2,237 BTC worth $147 million sent to Bitstamp and around 2,869 BTC sent to an unknown address.
The unknown address, beginning with “1MzhW,” promptly shifted the funds to another wallet, beginning with “12azL,” followed by one final move to addresses linked to Bitstamp.
This is a developing story, and further information will be added as it becomes available.
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