Suggested Portfolio Analysis of MyBitcoin Linked to the Recent Bitcoin Movement
According to PANews, Ki Young Ju, the founder and CEO of the on-chain analysis platform CryptoQuant, shared insights on platform X regarding the recent movement of 80,000 BTC that had been inactive for 14 years. These bitcoins are believed to have originated from the MyBitcoin custodial wallets, which had remained inactive since April 2011. This inactivity persisted until MyBitcoin was hacked in August 2011, leading to a significant theft of bitcoins and the subsequent bankruptcy announcement of the platform. The wallets in question may belong to the hacker responsible for the attack or to Tom Williams, the anonymous founder of MyBitcoin. It appears that Galaxy Digital has acquired these bitcoins, although it is unclear whether they have conducted any forensic investigation.
According to PANews, Ki Young Ju, the founder and CEO of the on-chain analysis platform CryptoQuant, shared insights on platform X regarding the recent movement of 80,000 BTC that had been inactive for 14 years. These bitcoins are believed to have originated from the MyBitcoin custodial wallets, which had remained inactive since April 2011. This inactivity persisted until MyBitcoin was hacked in August 2011, leading to a significant theft of bitcoins and the subsequent bankruptcy announcement of the platform. The wallets in question may belong to the hacker responsible for the attack or to Tom Williams, the anonymous founder of MyBitcoin. It appears that Galaxy Digital has acquired these bitcoins, although it is unclear whether they have conducted any forensic investigation.