Yuri Molchan
Whale Alert has reported that someone has sent over $14 million in Bitcoin from Binance to a Mt. Gox wallet
Whale Alert crypto tracker has detected a transaction carrying $14,322,678 worth of Bitcoin (450 BTC) from a Binance address to a Mt. Gox wallet.
Image via Twitter
Mt. Gox was one of the earliest Bitcoin exchanges, based in Japan, that handled 70 percent of BTC trading back in 2013-2014. It was created by Mark Karpeles.
Mt. Gox was shut down after several hacker attacks due to a poor security system. Karpeles was taken to court by the traders for allegedly wiring $3 million of their funds to his own bank account and investing that money in startups.
About the author
Yuri Molchan
Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.