Bitcoin Whale Transfers Large Amount of BTC from Mt. Gox Wallet to Cold Storage

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Mt. Gox’ Mark Karpeles to appeal data manipulation conviction

Mt. Goxs debilitating 850,000 Bitcoin loss (worth $500 million back then, but well over $3.4 billion today).…

This story continues at The Next Web

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As Mt Gox Continues Legal Proceedings, Creditors Warn Major Sale Could Drop Bitcoin Fork Prices Drastically

Even though the trauma of Mt. Gox is five years old, that has not stopped Mt. Gox Legal from pursuing the compensation that is due to the victims. Mt. Gox Legal is a group that involves 1,000 creditors from the Mt.

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Mt. Gox readies to pay back creditors five years after hack

Troubled cryptocurrency exchange Mt. Gox is finally inching closer to settling its debt with creditors, some five years after it was hacked. According to new documents published by Mt. Gox‘s trustee Nobuaki Kobayashi (aka Tokyo Whale, as he’s known in cryptocurrency circles), a decision has been made with regards to creditor’s claims – they’ve been approved or disapproved – and the Tokyo District Court has been notified.

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Japan tightens grip on cryptocurrency margin trading

Japan, the home of the now-defunct cryptocurrency exchange Mt. Gox, is establishing stricter rules for cryptocurrency margin trading to prevent investors from getting scammed. Margin traders typically use borrowed funds from a broker to trade a financial asset, which in turn, forms the collateral for the loan supplied by the broker.

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Mt. Gox

Mark Karpeles with user funds kept on Mt. Gox in a bid to obfuscate the losses. He was handed a 33-month suspended sentence, Bloomberg reports. The Tokyo District Court also found the Frenchman ‘not-guilty’ of embezzlement, after it decided he had committed those crimes without ill intent.

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A brief history of Mt. Gox, the $3B Bitcoin tragedy that just won’t end

Mt. Gox first Bitcoin exchanges on the web, but it wasn’t always related to cryptocurrency. Back in 2007, programmer Jed McCaleb purchased the mtgox. com domain for an online trading platform for virtual cards used in the game Magic: The Gathering.

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A primer on QuadrigaCX, the curious $134M cryptocurrency mystery

QuadrigaCX, one of Canada’s largest cryptocurrency exchanges, made headlines all over the world after the sudden death of its founder resulted in the loss of $134 million of users’ funds. The news came months after the troubled exchange had been complaining about banking issues, with some users describing problems with fiat and crypto withdrawals.

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Moonday Mornings: Teen gets 10 years for Bitcoin extortion bomb threats

If you’re a big-time hodler you may have had your eyes glued to cryptocurrency prices over the weekend. If you did, here’s a helpful list of the top news from the industry from over the weekend that you might have missed – and we don’t mention Bitcoin’s price, not even once.

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The Crypto Exchange Heist Case Continues: Mt Gox Trustee Attempts To Extend Rehabilitation Deadline

The Case Continues: Mt Gox Trustee Seeks To Extend Civil Rehabilitation Claims Deadline Sometimes, it looks like the Mt Gox story won’t ever end. Nobuaki Kobayashi, a trustee of Mt Gox, a collapsed Bitcoin exchange, is currently asking for an extension of the deadline in the process of filing for civil rehabilitation claims. He wants […]

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Mt. Gox’s largest trustee unloads another $230M worth of Bitcoin, and nobody knows why

The Mt. Gox saga keeps dragging on. The now defunct cryptocurrency exchange’s largest trustee, Nobuaki Kobayashi, has sold off another $230 million (26 billion yen) worth of Bitcoin. Kobayahsi – who is known as the “Tokyo Whale” in cryptocurrency circles – has been selling off the cryptocurrency since early March following the 10th creditors meeting, Bloomberg reports.

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Mt. Gox plaintiffs must take cases to Tokyo to claim lost funds

The Mt. Gox saga appears to be far from over as a Pennsylvania judge has dismissed the case of a claimant on the grounds of a lack of jurisdiction in the case. Mt. Gox user, Gregory Pearce, who was implicated in the Bitcoin exchange’s collapse, submitted a withdrawal request for $5,900.

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The Story Continues: Mt Gox Launches Online Claim Filing System for Cheated Creditors

The victims of infamous cyber attack on the Mt.Gox exchange are eligible to file proof of their claims in a newly-approved rehabilitation process. The post The Story Continues: Mt Gox Launches Online Claim Filing System for Cheated Creditors appeared first on CoinSpeaker.

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Mt. Gox preps to return $1B in stolen cryptocurrency to victims

The floodgates have opened for victims of the long-running Mt. Gox saga, which involves over a billion dollars in lost cryptocurrency. Almost five years later, claims can finally be made to have the stolen money returned.

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$1.3 Billion Worth Of BTC Locked Up By Mt. Gox Won’t Move Till Next Year

Mt. Gox are back in the headlines, this time as a result of a decision made by authorities that will see money owed by Mt. Gox, held until summer 2019. Just to recap, Mt. Gox are due to credit the accounts of customers who had funds stolen during the Mt.

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It sure looks like Mt. Gox will give back $1.3M worth of Bitcoin to its users – but there’s a catch

Creditors of the now disbanded Mt. Gox cryptocurrency exchange have made another step towards reclaiming their lost Bitcoin, following updates to a court ruling issued in June, first spotted by Coindesk.

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Mt. Gox Will Compensate $1 Billion in Bitcoin, But Will Not Sell Until 2019

The Mt. Gox debacle, originating from the devastating 800,000 Bitcoin hack in 2014, continues, with recent court documents showing that creditors may finally get the money and Bitcoin they deserve.

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Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil Rehabilitation

The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018.

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