Mt. Hacker. Gox Send 10,000 Bitcoins To Crypto Exchange And Personal Wallet

JAKARTA Around 10,000 illegal BTCs were hacked by the Mt crypto exchange. Gox in 2014 reportedly began shipping to a number of crypto wallet addresses, crypto trading platforms, and a number of other services. The shipment was made by hackers on November 23 yesterday. The 10,000 Bitcoins are worth 165 million US dollars or around Rp. 2.6 trillion.

The shipments were made through the BTC-e crypto exchange wallet, an individual related to Mt. Gox's hacking crime that occurred seven years ago. The large number of BTC withdrawals marked a massive withdrawal made by hackers as reported by blockchain analytic firm Chainalysis.

US authorities suspended operations in 2017 due to its role in fund laundering linked to other forms of cybercrime, including cryptocurrencies stolen in the Mt. Gox 2014 exchange hack.

BTC-e and another exchange called WEX, believed to be successors, sent a small amount of Bitcoin to Russia's electronic payment platform, Webmoney, on October 26. More than two weeks later, BTC-e conducted a payment test from his wallet before transferring nearly 100 Bitcoins indirectly to the exchange on November 21.

In addition, Chainalysis also reported that around 9,950 BTC is currently stored in private wallets of the total shipments in recent days. The remaining funds were found to have been transferred through a series of intermediaries to four deposit addresses on two major exchanges. Chainalysis believes that Russian exchanges may have acted as intermediaries for these BTC-e money laundering acts.

The shipment of 10,000 BTC was also confirmed by the founder of the analytic firm CryptoQuant, Ki Young Ju. He also explained that about 65 BTCs had been sent to the HitBTC crypto exchange. Knowing this fact, Young Ju suggested crypto exchanges suspend related accounts.

"10.000 $ BTC was transferred today," said Ki Young Ju.

Not surprisingly, it's from criminals, like most old Bitcoins. This is a BTC-e exchange wallet linked to Mt. Gox 2014 hack. They sent 65 BTC to @hitbtc a few hours ago, so it's not a government auction or anything like that," added Crypto founder Quant, October 24, 2022.

For additional information, the Federal Bureau of Investigation or the FBI closed BTC-e and frozen funds on the platform in 2017. However, BTC-e still has large Bitcoins.

In the following year, BTC-e shipped more than 30,000 Bitcoins from exchange wallets to other wallet addresses. The alleged owner of BTC-e is a Russian citizen named Alexander Vinnik. He is accused of money laundering through his crypto trading platform.