Mt. Gox-linked address moves $739M in BTC for first time in 6 months

An address associated with Mt. Gox has transferred 10,423 BTC, worth $739 million, to a new address for the first time in six months, according to ai_9684xtpa. The address also deposited 116 BTC ($8.25 million) into its own hot wallet. Mt. Gox, which went bankrupt in 2014 after losing approximately 850,000 BTC to hacking, began its repayment process this year. However, the repayment deadline has been extended to Oct. 31 due to procedural issues involving creditors. Most creditors have reportedly already received their funds, with about 34,000 BTC now being gradually distributed to the remaining recipients.