#MtGoxTransfers

As of March 6, 2025, the latest developments concerning Mt. Gox's Bitcoin holdings and creditor repayments are as follows:

Recent Bitcoin Transfers:

December 17, 2024: Mt. Gox moved approximately 1,619.6 BTC, valued at around $172.5 million, to unknown wallets. This transaction occurred shortly after Bitcoin reached a new high of nearly $108,000.

November 5, 2024: A wallet associated with Mt. Gox transferred 42,588 BTC (approximately $2.7 billion) to an unlabeled address. This significant movement led to a brief dip in Bitcoin's price from roughly $65,000 to around $63,000, before it recovered.

October 2024: The exchange moved 2,500 BTC, worth about $222 million, to an unidentified address. This transfer coincided with Bitcoin's surge to $89,000.

Creditor Repayment Updates:

September 15, 2024: Mt. Gox's trustee set this deadline for creditors to submit or transfer their claims. Post this date, applications for claim transfers were no longer accepted, as preparations for repayments were underway.

October 31, 2025: The deadline for creditors to receive their payouts has been extended to this date, marking 11 years since Mt. Gox's bankruptcy. This extension provides additional time for the completion of the repayment process.

These developments indicate ongoing efforts to resolve Mt. Gox's bankruptcy proceedings and compensate creditors, with significant Bitcoin transfers and extended deadlines playing pivotal roles in the process.