Official announcements from Mt. Gox trustees or reputable financial news outlets

Mt. Gox Begins Final Payouts with $784M Bitcoin Transfer

Aug 21, 2024, 12:02 AM

The long-awaited final payouts for the victims of the 2014 Mt. Gox hack have commenced, with over $2 billion in Bitcoin being distributed. Recently, a Mt. Gox address transferred 13,265 BTC, valued at approximately $784 million. Of this amount, 12,000 BTC were moved to a new address, while 1,265 BTC were transferred to a Mt. Gox cold wallet. These transactions mark a significant step in the resolution of the decade-old hack, as affected parties begin to receive their compensation.