Mt. Gox Sends 10,306 BTC to New Wallet in Fresh Transaction

Defunct crypto exchange Mt. Gox has recorded its first on-chain movement in two months, transferring 10,423 Bitcoin, according to blockchain data. Of that amount, about 10,306 BTC, valued at roughly $731 million, was sent to a newly created wallet.

The transaction comes as renewed attention centers on Mt. Gox’s ongoing rehabilitation process, which is moving toward its final deadline of October 31, 2026.

Meanwhile, officials overseeing the process say most eligible creditors have already received repayments. As of March 2025, around 19,500 creditors had been paid in Bitcoin and Bitcoin Cash, with the remaining distributions expected to be completed under court supervision before the deadline.

Source: Arkham