Former Mt. Gox CEO confirms funds in 1Feex address are “considered stolen property”
Mark Karpelès, the former CEO of Mt. Gox, has officially stated that the funds in the 1Feex wallet are considered stolen property. According to Karpelès, the 79956.55 BTC in the wallet were transferred without authorization from the exchange in 2011. These assets are said to belong to Mt. Gox and its creditors.
Key Points:
- 79956.55 BTC in the 1Feex wallet are considered stolen property
- Transfer without authorization from Mt. Gox on March 1, 2011
- Assets belong to Mt. Gox and its creditors
- Charges have been filed against individuals allegedly connected to the Mt. Gox hack
- Repayment window opened for creditors to receive assets in Japanese yen, Bitcoin Cash, and Bitcoin
The US Department of Justice has brought charges against two individuals, Alexey Bilyuchenko and Aleksandr Verner, for their involvement in the Mt. Gox hack. These individuals are accused of laundering approximately 647,000 BTC and engaging in other illicit activities within the crypto space.
Mt. Gox has opened a repayment window for its creditors, offering the option to receive assets in Japanese yen, Bitcoin Cash, and Bitcoin. However, the owner of the 1Feex account, who is believed to be the person responsible for stealing 80,000 BTC from Mt. Gox, remains unidentified.
Hot Take:
The confirmation from Mark Karpelès that the funds in the 1Feex wallet are considered stolen property adds another layer of complexity to the Mt. Gox saga. With charges filed against individuals connected to the hack, it remains to be seen what will happen to the stolen assets and if any recovery is possible for the creditors.
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