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10,000 BTC moves off crypto wallet linked to Mt. Gox hack

10,000 BTC moves off crypto wallet linked to Mt. Gox hack   WEX +0.56% Add to/Remove from Watchlist Add to Watchlist Add Position

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A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC), currently worth over $165 million, to various exchanges, personal wallets, and other sources on Nov. 23.

A Nov. 23 Chainalysis report suggested while this withdrawal is the largest made by BTC-e since April 2018, BTC-e and WEX (NYSE:WEX) — an exchange which is thought to be BTC-e’s successor — both sent small amounts of BTC to Russian electronic payments service Webmoney on Oct. 26 before making a test payment on Nov. 11, then transferring out a further 100 BTC on Nov. 21.

Chainalysis

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