
Arkham Intelligence reports wallets tied to Mt. Gox hack suspect Alexei Bilyuchenko transferred 1,300 BTC to exchanges, while retaining thousands more from one of Bitcoin’s largest thefts.
Arkham Intelligence disclosed that wallets linked to Alexei Bilyuchenko, accused in connection with the Mt. Gox hack, transferred 1,300 BTC worth approximately ¥17.7 billion ($114 million) to cryptocurrency exchanges over the past week. These wallets still hold 4,100 BTC, valued around $360 million, and have sold 2,300 BTC since October. The transactions highlight ongoing activity in assets tied to one of the most notorious incidents in Bitcoin’s history.