U.Today: Mark Karpeles, former CEO of the initial Mt.Gox exchange, which collapsed in 2014, has clarified the massive BTC transactions recently detected from a Mt.Gox blockchain wallet.
A recent official announcement from the exchange also indicated that no direct Bitcoin payments or payments to creditors have yet been made through designated crypto exchanges. The statement also says that no cryptocurrency has yet been sold to make those refunds with the profits. “The Rehabilitation Trustee currently manages Bitcoin and Bitcoin Cash securely,” according to a tweet by Chinese crypto journalist Colin Wu, who cited the statement made by Mt.Gox.
Mark Karpeles also took to Platform In his X post, the former CEO of the battered crypto exchange said that the Rehabilitation Trustee is transferring Bitcoin to a different wallet “in preparation for the distribution that will likely occur this year.” He highlighted that “there is no imminent sale of bitcoins” at this time.
Earlier today, Bitcoin responded to these strong BTC transactions from Mt.Gox by dropping almost 4% and missing the recently recovered $70,000 level. At the time of writing, BTC has recovered slightly and is changing hands at $68,467.
This article was originally published on U.Today.
