Update: Mount Gox’s 6,800 BTC Unrelated to Ex-CEO’s $6 Billion Redistribution PlanA recent whale alert accidentally associated a cold F2pool wallet with () Mt. Gox exchange, which turned 6,800 BTC into an unknown wallet just days after former CEO Mark Karpeles revealed plans to redistribute $6 billion worth of BTC to its creditors.
Mt.Gox was a Tokyo-based bitcoin exchange that shut down in February 2014 after an attack that compromised 850,000 BTC. In a recent interview, Karpeles revealed that the exchange held close to 200,000 BTC during the company’s shutdown, of which the custodian has sold nearly 50,000 BTC for $600 million in the past.
According to Karpeles, the remaining 150,000 BTC currently held by Mt. Gox has grown in value over the years, and is worth more than $6 billion. After this disclosure, the former CEO confirmed plans to redistribute funds and settle accounts with creditors.
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