MtGox Wallet Handling Small Bitcoin Transactions

About 10 hours ago, several wallets related to the now-defunct cryptocurrency exchange Mt. Gox were deleted, transferring a small amount of funds. According to some market observers, these were just test transactions being conducted by the platform in preparation for compensating injured consumers. The transactions involved three wallets previously associated with Mt. Gox, with the largest transfer amounting to $24 worth of Bitcoin. Despite this activity, it is currently unclear whether these small transactions are preliminary tests for larger transfers, as they do not originate from any of the main wallets designated for the refund process. Read more: [link] The disbursement of funds is expected to begin in early July, although a specific timeline for transferring the funds to the exchange has not been disclosed.