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Home Crypto

Mt. Gox moves Bitcoin after months of inactivity ahead of repayment deadline

March 23, 2026
in Crypto
0
Mt. Gox moves Bitcoin after months of inactivity ahead of repayment deadline


Mt. Gox, the defunct crypto exchange that collapsed in 2014, moved around $500 worth of Bitcoin from wallets it still controls today, its first Bitcoin transfer in four months, according to data from Arkham Intelligence.

MT GOX JUST MOVED… $500

Mt. Gox has moved a total of $500 of BTC today, their first move in over 4 months. They still hold over $2 BILLION of BTC that was originally held by users of the now-defunct exchange.

At current prices, Mt. Gox is up over $10 BILLION on their remaining… pic.twitter.com/Dpz2cJidl3

— Arkham (@arkham) March 23, 2026

The transaction has renewed speculation about the pace of creditor repayments ahead of a court-imposed claims deadline.

Mt. Gox still holds 34,503 Bitcoin worth approximately $2.4 billion at current market prices.

The entity has seen unrealized gains exceeding $10 billion on its remaining holdings since the exchange closed over a decade ago.

The final repayment deadline is October 31, 2026, giving the trustee approximately seven months to complete the remaining distributions.

This is a developing story.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.



Editorial Team

Editorial Team

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