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Tag: Mt Gox

Redemption For Mt.Gox?

Neil Mathew

There is probably no single incident that has affected the cryptocurrency markets in a larger way than the Mt. Gox incident. At one point, the Tokyo-based cryptocurrency exchange was handling 70% of all Bitcoin (BTC) volume in the world, but those days are long gone. The exchange suspended trading in 2014, and was later liquidated, as 850,000 Bitcoin was stolen.…

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Prosecutors Want 10-Year Jail Sentence For Former Mt. Gox CEO

Neil Mathew

There are few events that have shaped the current cryptocurrency markets as the infamous Mt. Gox hack. For those who are unaware, Mt. Gox was once the world’s largest cryptocurrency exchange, established in 2010. At its height, it was handling 70% of all the global transactions involving Bitcoin. Unfortunately, over $400 million in Bitcoin was hacked from the exchange in…

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