Former Mt. Gox CEO breaks silence on 1Feex address

August 2, 2023 at 8:53 am

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Former Mt. Gox CEO breaks silence on 1Feex address

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 (BTC) 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.

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) August 1, 2023

Moreover, a statement in June revealed that the US Department of Justice (DOJ) unsealed charges against Alexey Bilyuchenko and Aleksandr Verner, who were allegedly connected to the Mt. Gox hack.

The two Russian nationals were charged with laundering roughly 647,000 BTC and more illicit activities within the crypto space.

On April 7, the exchange opened 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 (BCH), 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.”