Last week, Bitcoin.com News reported that two old Bitcoin addresses created in 2013 sent 10,001 Bitcoins to multiple wallets. Heuristics and clustering techniques indicate that the bitcoins are linked to Mt Gox, the exchange that was hacked around June 2011. Coins have also been linked to Mt Gox in some fashion.
The 15,001 Bitcoin Onchain story is linked to the Matt Gox saga
Another 5,000 so-called ‘sleeping bitcoins’ were transferred on September 4, 2022 from a wallet created on December 19, 2013. The incident happened five days after 10,001 Bitcoins (BTC) were seized by Btcparser.com from two Bitcoin addresses that were created almost nine years ago on the same day in 2013. In the year The 5,000 BTC sent on September 4, 2022 has a mysterious history as it is linked to the now defunct Mt Gox bitcoin exchange. Exchange was hacked in June 2011.
While our news desk reported on the 10,001 BTC associated with Mt Gox, the movement of the coins was less popular. Coindesk columnist Jocelyn Yang, however, discussed the situation with a data engineer at Coin Metrics. The engineer said the bitcoins from 2013 could be linked to “an old Kraken cold storage address, Kraken’s OTC (over the counter) deal.” [or] User of the Kraken. Then on September 3, 2022, an OXT researcher ergobtc Published by A Twitter thread OXT user Taysia, the admin of the GFISchannel Telegram group, mentioned our report.
Referring to the work of bitcoin.com, a well-informed OXT user [is] It’s much closer to the mark than Coindesk,” said Ergobtc. Although there are Kraken deposits, these coins are not from Kraken. They are, however, derived from Mt Gox and probably controlled by Jeb McCleb.
Ergobtc discussed the two addresses (1 and 2) and explained how OXT can trace back the source of the coins. “Doing so leads to a large collection of user annotations,” Ergobtc details. “The user’s annotation links to a blog post from this cluster. @wizsecurity Blog. WizSec is an expert on the Mt Gox saga. The blog post cites Jeb McCleb’s address and claims it was mistakenly claimed by CSW.
The Twitter thread further explains that the second transaction for 5,000 BTC was “clearly made to Coinbase”. Researcher of OXT Added:
Verified denomination by telling you when you split up to 10 BTC from secondary level. Distributed at a shared cost with Coinbase’s pooled addresses. These coins are from the Gox saga, and are probably controlled by Jeb McCleb. Sent two txs to Kraken and Coinbase for 5K BTC.
Another strange transaction related to Mt Gox Moves on September 4th
At block height 752,637, on September 4, 2022, 5,000 BTC was sent from “18xGH” and the address was created by two addresses that sent 10,001 BTC on the same day (December 19, 2013), Sunday, August 28, and Monday. , August 29, 2022. Moreover, the 5,000 BTC was also linked to the Mt Gox saga and the “1McUC” address by going back to the transactions. At the time of writing, address “bc1qp” has 4,929.43 BTC generated from 5,000 sent on Sunday. At 8:00 am (ET) on Monday morning, the coins were dispersed by a multi-signature Bitcoin address. Bitcoin.com News spoke with the manager of the GFISChannel Telegram group, Taisia, about the current activity.
“The situation is very strange,” Taisia told Bitcoin.com News. “Dave of Oct.me has confirmed to us that in his opinion the bitcoins are indeed linked to Mt Gox and possibly belong to Jed McCaleb.” The GFIS channel manager said she spoke with former Mt Gox CEO Mark Karpeles, who “didn’t confirm this information directly, although it wasn’t stated that it was ‘close to the truth.’
“If these are indeed McCaleb’s bitcoins, why not make a statement to end speculation on this topic?” Tysia asked in an interview with Bitcoin.com News. “And, going back to the original question, why are all these moves being made now? Between the FUD, the trustee fees and Vinnik’s recent extradition to the United States.
Once again, Blockchain Analyst, OnChain Analysis and Heuristics have discovered thousands of Bitcoins in a spectacular fashion. These ancient bitcoins took almost nine years to wake up when BTC was trading at $19.9k. It should be noted that these coins have nothing to do with the bitcoin payouts associated with the Mt Gox trustee, unless coincidentally with the administrator’s latest update. At the moment, Mt Gox creditors have not seen a hard date set for payment distribution, despite last week’s rumors and false reports that this is the case.
What do you think about the whale that moved 15,001 bitcoins this week and its relationship with Matt Gox? Let us know what you think about this in the comments section below.
Image credits: Shutterstock, Pixabay, Wiki Commons, GFISchannel, OXT
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