Bitcoin Cash

Bitcoin

April

Read

Mark Karpelès, the former CEO of the fallen crypto exchange Mt. Gox, officially revealed the funds in the 1Feex address are “considered stolen property.” 
According to a recent tweet, Karpelès claims that the 79956.55 Bitcoins (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) were sent to the 1Feex wallet (1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF) without proper authorization from the exchange on March 1, 2011. 
He added the assets belong to Mt. Gox and its creditors. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 I hereby certify that the 79956.55 Bitcoins sent to the 1Feex address on March 1st 2011 were transferred without proper authorization from MtGox's original bitcoind wallet, and are considered stolen property belonging to the MtGox estate for the profit of the MtGox creditors.— Mark Karpelès (@MagicalTux) <a href="https://twitter.com/MagicalTux/status/1686319162447085570?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 1, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
Moreover, a statement in June revealed that the US Department of Justice (DOJ) <a href="https://crypto.news/doj-unseals-mt-gox-charges-targeting-two-russian-nationals/" rel="noopener noreferrer nofollow">unsealed</a> charges against Alexey Bilyuchenko and Aleksandr Verner, who were allegedly connected to the Mt. Gox hack.&nbsp; 
The two Russian nationals were charged with laundering roughly 647,000 BTC and more illicit activities within the crypto space. 
 You might also like: <a href="https://crypto.news/doj-unseals-mt-gox-charges-targeting-two-russian-nationals/" rel="noopener noreferrer nofollow"> DOJ unseals Mt. Gox charges targeting two Russian nationals </a> 
On April 7, the exchange <a href="https://crypto.news/mt-gox-repayment-window-opens-until-october/" rel="noopener noreferrer nofollow">opened</a> its repayment window for its creditors with the permission of the Tokyo District Court. Per the report, creditors can get some of their assets back in Japanese yen, Bitcoin Cash (<a href="https://crypto.news/price/bitcoin-cash/" data-type="URL" data-id="https://crypto.news/price/bitcoin-cash/" rel="noopener noreferrer nofollow">BCH</a>), and Bitcoin. 
The owner of the 1Feex account remains a mystery, as Dr. Craig Wright has already denied the wallet’s ownership. Per the Twitter thread, the holder of the 1Feex wallet is the “person who stole 80,000 BTC from Mt. Gox.” 
 Read more: <a href="https://crypto.news/mt-gox-repayment-window-opens-until-october/" rel="noopener noreferrer nofollow"> Mt. Gox repayment window opens until October </a>

Former Mt. Gox CEO breaks silence on 1Feex address

crypto.news

Other articles published on Aug 2, 2023

Grayscale Research Manager Explained: "Cryptocurrencies Rebound If This Happens!"

FUD Alert: Reports Of DOJ Fraud Charges On Binance Resurface

Is Litecoin "Buy Rumor Sell News" Scenario Experiencing? Santiment Evaluated!

Kenya suspends Worldcoin operations over security and data concerns

Worldcoin Faces Ongoing Investigation by German Privacy Regulator Over Data Collection Practices

Bitcoin (BTC) Price Might Retest $28.5k Level This Week – Here’s Why

Join our free newsletter for daily crypto updates!