A seven-year-Mt. old's Gox-related wallet transferred ten thousand bitcoins.



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The Japanese cryptocurrency exchange Mt. Gox, one of the biggest in the early days of Bitcoin adoption until its downfall in 2014, has once again grabbed headlines. 

Before diving into this piece, you may want to catch up on some relevant stories, like  CoinSwitch's new single login for multiple exchange trading or how merging Magic Garden and Polygon will probably make blockchain-based gambling better.

A 7-year-old had 10,000 BTC sent to him from a wallet associated with the 2014 Mt. Gox hack.

After the BTC-e exchange's wallet became operational on November 23, its biggest transaction since August 2017 was completed. Two recipients received a total of 10,000 bitcoins (about $166.8 million).

The founder of CryptoQuant, Ki Young Ju, claims that sixty-five bitcoins were sent to a single address belonging to the HitBTC bitcoin exchange.

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