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Some old Bitcoin connected to the Mt. Gox story just moved again — and people noticed. According to blockchain analyst Emmett Gallic, wallets linked to Aleksey Bilyuchenko recently sent around 1,300 BTC, worth about $114 million, to an unknown trading platform. The move stands out because Bilyuchenko has long been tied to the Mt. Gox hack and the now-shut-down BTC-e exchange. U.S. authorities have accused him of helping steal and launder Bitcoin alongside other early crypto figures. Even though these events happened more than ten years ago, the coins linked to them are still moving today — showing just how long the impact of early exchange hacks can linger. Whenever large amounts of Bitcoin are sent to unidentified platforms, it tends to make the market uneasy. There’s no proof the coins are about to be sold, but transfers this big often hurt sentiment and remind investors that some of the oldest stolen Bitcoin is still out there. Former U.S. Attorney Damian Williams has previously said that authorities continue to track these funds and pursue accountability, regardless of how much time has passed. The Mt. Gox collapse remains one of the most important chapters in Bitcoin’s history. This latest transfer is another reminder that, even after all these years, the story still isn’t completely finished. $BTC
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