10,000 BTC moves off crypto wallet linked to Mt. Gox hack

Cointelegraph

Published Nov 24, 2022 12:54AM ET

Updated Nov 25, 2022 03:20AM ET

A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets, and other sources on Nov. 23.

A Nov. 23 Chainalysis report suggested that while this withdrawal is the largest made by BTC-e since April 2018, BTC-e and WEX (NYSE:WEX) — an exchange which is thought to be BTC-e’s successor — both sent small amounts of BTC to Russian electronic payments service Webmoney on Oct. 26 before making a test payment on Nov. 11, then transferring out a further 100 BTC on Nov. 21.

The movement of BTC belonging to BTC-e and WEX wallets. Image: Chainalysis

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