[2017-06-22Chainalysis Says They’ve Found the Missing Mt Gox Bitcoins

[TwoTimes]

Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins

On June 8 the U.S. House Financial Services Subcommittee on Terrorism and Illicit Finance discussed the possible connection between cryptocurrencies and criminal activity. The hearing also revealed law enforcement officials know the “destination” of the missing 650,000 BTC lost during the Mt Gox insolvency.

Read More Here >>> https://news.bitcoin.com/chainalysis-says-theyve-found-the-missing-1-7-billion-dollar-mt-gox-bitcoins/

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[TraderTimm]

Clickbait is clickbait.

All this means is that they know the address of where the coins were sent to.

This does not mean they have any geographical location. It doesn't mean they have an IP address. It doesn't mean that they have the private key to access the coins.

Honestly its about as good as knowing the floor of where a safe deposit box is in a large bank building (that you don't know where it is located), but you're not the account owner and you don't have the account number and credentials to get to it.

So mostly useless except for monitoring, I guess.