Mt. Gox’s rehabilitation trustee has contacted the United States Department of Justice in search of information about the alleged former BTC-e operator Alexander Vinnik
Technically speaking, it’s impossible to destroy bitcoins. But it is possible to send coins to an unspendable address, rendering them redundant to all intents and purposes. In October 2011, that’s exactly what Mark Karpeles did when he consigned 2,609 BTC to eternal oblivion due to a scripting error. Also read: Bitcoin History Part 16: The […]
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A Russian law firm claims it can recover funds for victims of the 2014 Mt. Gox hack. But critics see some flaws in the outlined plan.
The post Latest Pitch to Recover Lost Mt. Gox Bitcoin Has Critics Raising Red Flags appeared first on Bitcoin Magazine.
A Russian law firm proposes legal action in Russia that it claims will return 200,000 BTC from Mt. Gox bankruptcy fiasco
Over the last 24 hours, cryptocurrency enthusiasts have been discussing a transaction that saw 94,000 BTC sent to an unknown wallet. The hoopla over the large transaction shows how things have changed significantly over the last decade. Back in cryptocurrency’s early days, between 2010-2012, large bitcoin transactions like this weren’t such a big deal and […]
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No one remembers the first Mt. Gox hack. It was a small sum, even by 2011’s standards, and the exchange reimbursed all users. The incident was to prove significant, however, for it set in motion a string of attacks on other bitcoin platforms that began the very next day. By the time the dust had […]
The request of the former CEO of now-defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, to dismiss the U.S. class-action lawsuit against him was dismissed
Fortress Investment Group is reportedly buying Mt. Gox creditors’ bitcoin claims at $900 each
Jed McCaleb’s misrepresentation of Mt. Gox played a part in keeping users on the platform until bankruptcy
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when […]
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