what's mt. gox?
Mt. Gox was a prominent Bitcoin exchange founded in 2010, initially as a platform for trading Magic: The Gathering cards before pivoting to cryptocurrencies, where it handled up to 70% of global Bitcoin transactions at its peak. It operated as a centralized exchange allowing users to buy, sell, and store Bitcoin. In 2014, it collapsed after hackers stole approximately 850,000 BTC, leading to bankruptcy and ongoing creditor repayment processes involving Bitcoin distributions. The exchange's failure highlighted early vulnerabilities in crypto infrastructure and influenced the development of more secure practices in the industry.
Bilyuchenko entities recently transferred 1,300 BTC, sold 2,300 total, and now hold 4,100 BTC.
Entities linked to Aleksey Bilyuchenko transferred 1,300 BTC (approximately $114 million) to unknown exchanges over the seven days ending December 24, 2025, and currently hold 4,100 BTC (around $360 million) after selling a total of 2,300 BTC.
Sends 185.5 BTC ($16.7M) directly to Kraken exchange as part of today's 10,608 BTC movement after 8 months of inactivity.
Transferred 10,423 BTC ($936M) to a new wallet after 8 months of inactivity.
Creditor repayments delayed by another year to October 2026; 34,689 BTC remain awaiting distribution.
An early withdrawer who obtained 749 BTC from Mt Gox 13 years ago at $11 per BTC deposits 300 BTC ($33.47M) to Binance, marking their first-ever sale.
October 31, 2025 set as deadline for final payments; active market buying creditor claims for immediate cash.
Transferred 200-300 BTC daily to B2C2 Group since December 5th, totaling 3,631.87 BTC ($364M) to date, suspected distribution to creditors.