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Mt. Gox Transfers $709M in Bitcoin to Unknown Wallet

On Tuesday night, Mt. Gox transferred 12,000 Bitcoin, valued at $709.44 million, to an unknown wallet address, according to blockchain analytics firm Arkham. The transaction took place at approximately 11:39 p.m. UTC. In addition to this, 1,264.69 BTC, worth $74.77 million, was sent to another address identified by Arkham as a cold wallet belonging to Mt. Gox. These funds have not been transferred further since the initial move. Late last week, one of the wallets linked to the BitGo exchange...

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