One cold February morning in 2014, Kolin Burges stood outside Mt. Gox’s Tokyo office, clutching a handwritten cardboard sign and demanding answers from the bitcoin exchange’s CEO, Mark Karpeles, about his missing tokens. Eleven years later, the …
Crypto wallets linked to the defunct exchanges still hold $2.8 billion of bitcoin after having distributed about $6 billion worth of assets to creditors earlier this year.
As the former Mt. Gox CEO launches his new exchange and ‘Ungox’ venture, he reflects on what he wishes he could have done differently a decade ago.
Some users in the Mt. Gox creditors channel on Reddit reported receiving funds on their BitGo accounts.
Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham veri shows.
The defunct crypto exchange shuffled over $2.5 billion between wallets, some of which was sent to crypto exchange Bitstamp.
The Mt. Gox claims portal “is temporarily down for maintenance” as of Asian morning hours Thursday, the site shows.
