2021-1-31 21:20 |
The value of the now-defunct Mt. Gox exchange could exceed a trillion dollars, according to Peter Vessenes
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The CoinLab arrangement enables creditors to claim up to 90% of the Bitcoin tied up in the defunct exchange’s bankruptcy, according to Bloomberg. CoinLab to the rescue Creditors who accept the deal will receive early payments rather than waiting for several court cases associated with the bankruptcy to conclude.
2021-1-17 21:28 | |
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For nearly as long as Bitcoin has been trading, its existence has been a thorn in the sides of crypto investors everywhere. And starting today, new investors in crypto may soon find out why veterans cringe when they hear the name: Mt.
2021-1-16 23:00 | |
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After several consecutive delays, Mt. Gox users could finally get paid after the trustee submitted a draft rehabilitation plan. Nobuaki Kobayashi, Mt. Gox trustee, submitted the draft rehabilitation plan on Tuesday, Dec.
2020-12-16 21:04 | |
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The bitcoin price is facing serious correction risk as the deadline for Mt. Gox’s rehabilitation plan draws closer. The infamous bitcoin exchange is supposed to return over 150,000 bitcoins to the victims of the 2014 hack in a week’s time.
2020-12-9 11:32 | |
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Mt. Gox Users who fell victim to the 2014 infamous hack of the Bitcoin exchange might finally get their funds back in the next 10 days, if the rehabilitation plan to compensate them goes through on October 15.
2020-10-7 13:16 | |
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Tens of thousands of ex QuadrigaCX users have filed claims against the now-defunct crypto exchange. Lawyer says any disputes could see protracted cases as seen with Mt. Gox, which collapsed in 2014 QuadrigaCX bankruptcy case trustee, Ernst & Young (EY), have said that close to 17,000 people have filed claims for refunds from the defunct […] The post 17,000 Users of Defunct QuadrigaCX Exchange File Claims Worth $300 Million appeared first on Coinjournal.
2020-5-14 17:19 | |
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Fortress Investment Group, a Mt. Gox creditor, has increased its offer to victims of the infamous Bitcoin exchange hack. In its newest offer to victims, Fortress offered $1300 per bitcoin or an estimated 88% of account value at the time of the hack.
2020-2-20 21:41 | |
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The extremely bullish prediction of John McAfee that Bitcoin (BTC) will reach $1 million in 2020 could be based on how the asset’s price action developed during the 2013-2014 boom. Bitcoin Rose on Mt.
2019-10-30 15:00 | |
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Jed McCaleb’s aggressive XRP sales could be one of the reasons why the token’s price remains in the doldrums
2019-9-8 14:28 | |
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The purpose of this infographic is to visualize the size of large cryptocurrency hacks that have occurred in the past as if they all happened today. The hacks included in this infographic extend beyond exchanges, as there were other large entities that experienced cryptocurrency hacks, such as marketplaces like Silk Road 2.
2019-5-25 21:56 | |
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Although there is no indication as to when or how Mt. Gox users will be compensated, some users received an email stating that the parties which objected to rehabilitation claims had withdrawn their complaints and that the claims are now moving forward.
2019-4-23 18:09 | |
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Bitcoin’s (BTC) price has been affected in the past by several issues such as the hack that the cryptocurrency platform Mt. Gox experienced back in 2014. The exchange’s civil rehabilitation proceedings started back on March 20, 2019.
2019-4-23 02:31 | |
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If you’re a creditor in Mt. Gox’s civil rehabilitation case, the defunct exchange may have automatically filed and approved a reimbursement claim for you — provided that your Mt.
2019-4-23 22:44 | |
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Bitcoin [BTC] has seen a fair share of controversies since its inception, both with regards to its technology and adoption. Before Bitcoin shocked the financial market by hitting the $20,000-mark almost two years ago, Mt.
2019-4-22 14:23 | |
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Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.
2019-4-20 22:59 | |
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In an interview with Peter McCormack, Andy Pag, a former administrator of Mt. Gox Legal, spoke about the reason it would take a long time for the Mt. Gox’s civil rehabilitation process to settle.
2019-4-15 19:30 | |
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Andy Pag, who founded Mt. Gox Legal, has resigned his position as leader of the group, which represents the majority of the now-defunct Bitcoin exchange’s creditors (users who still had funds on the platform at the time of its implosion.
2019-4-10 00:10 | |
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Four days ago, news. Bitcoin. com reported on the April 3 notice to Mt. Gox creditors from the court’s civil rehabilitation trustee Nobuaki Kobayashi. Now a disclosure stemming from the founder of Mt.
2019-4-10 23:15 | |
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The leader of the group representing victims of the defunct cryptocurrency exchange Mt. Gox is stepping down from his post. The founder and coordinator of Mt. Gox Legal, Andy Pag, is resigning in the midst of a “legal quagmire that could take years to resolve,” he told CoinDesk in an interview.
2019-4-9 14:35 | |
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The head of a large Mt. Gox creditor group is stepping down amid what he described as a legal quagmire that could take years to resolve.
2019-4-9 11:00 | |
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The head of a large Mt. Gox creditor group is stepping down amid what he described as a legal quagmire that could take years to resolve.
2019-4-9 11:00 | |
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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.
2019-3-23 22:48 | |
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Bitcoin prices steady after yesterday’s sell-off Mt Gox trustee approved 802,521 BTC as claims Volumes stable but below average Wholesale liquidation of Bitcoin and Bitcoin Cash stash in the hands of Nobuaki could heap pressure on responsible exchanges.
2019-3-23 20:00 | |
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A group of Mt. Gox creditors has warned of a market risk to forks of bitcoin in a draft plan for the collapsed exchange's civil rehabilitation.
2019-3-23 16:10 | |
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Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.
2019-3-20 16:49 | |
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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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Bitcoin prices up 1. 4 percent from last week’s close Mt Gox founder serving 2. 5 years suspended sentence Participation picks up, BTC could print higher in days ahead. Mark is a free man, and despite heavy losses ordinary investors had to shoulder, a Japanese court remained lenient.
2019-3-15 20:09 | |
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The Mt. Gox case could be close to concluding one of the most significant stages of a 5-year odyssey. According to Channel News Asia, the Japanese court in charge of the trial is expected to. . .
2019-3-13 16:31 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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Crypto entrepreneur Brock Pierce has floated an out-of-left-field plan to fire up MtGox — the Japan-based crypto exchange that set the standard for massive bitcoin hacks — but is it his to play with?
2019-2-20 21:00 | |
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The hacking and losses that Mt Gox brought years ago is still a painful event for the investors that were subjected to it. The years have gone on as the assigned attorney to the case has worked to rekindle the funds, but Brock Pierce has discussed other options. He believes that the process could be […]
2019-2-14 01:21 | |
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Not everyone liked the idea after the initial announcement, but Brock Pierce is not backing down
2019-3-27 20:45 | |
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Could The Mt. Gox Trustee Have Crashed Bitcoin’s Price In 2018? The now-defunct cryptocurrency exchange Mt. Gox reportedly liquidated around $312 million worth of Bitcoin (BTC) during February and June of 2018 through a Japanese company named BitPoint.
2019-2-13 19:00 | |
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The activities of Nobuaki Kobayashi, the Mt Gox bankruptcy trustee -also known as the MtGox Whale-, have been carefully followed by the community of crypto users, not only because of the impact they could have on the victims of the most famous hack in the history of crypto-mint, but also because he could affect the […] The post MT Gox Trustee Sold Bitcoins in Exchanges and Not OTC, Court Evidence Reveals appeared first on Ethereum World News.
2019-2-7 13:36 | |
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This is the seventh instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4, on Day 5 and on Day 6.
2019-1-29 01:51 | |
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Since the birth of Bitcoin, crypto assets have been in a regulatory grey zone. And for years on end, regulators across the globe left this industry’s constituents alone, seemingly deeming that cryptocurrencies weren’t a bonafide threat to society.
2019-1-16 16:08 | |
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The early Bitcoin community in San Francisco was originally comprised of revolutionaries: Individuals who believed in the freedom and opportunity that a permissionless distributed system would bring the world.
2019-1-4 00:06 | |
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Cubits, a London-based digital asset trading platform, has been forced into administration after fraudsters reportedly stole €29 million (about $32. 5 million) from the exchange in February. The company claimed “it fell victim” to an elaborate scam orchestrated in collusion with three of its clients.
2018-12-14 21:00 | |
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Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software […] The post Former Mt.
2018-12-13 23:15 | |
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Digital Asset Regulation Can Help Countries Improve The Market Ripple released an article in which they talk about how digital asset regulation could improve the crypto and financial market. Back in 2014, the popular cryptocurrency exchange Mt Gox went bankrupt after being attacked and losing more than $460 million dollars of Bitcoins. At that moment, […]
2018-10-20 18:35 | |
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With failed cryptocurrency exchange Mt Gox now set to provide some form of compensation payments, heads are now turning towards Nobuaki Kobayashi, also known as the Tokyo Whale and one of Bitcoin’s more prolific holders.
2018-9-26 06:00 | |
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A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt.
2018-9-25 19:54 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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Bitcoin Would not Crash After Mt Gox Payouts During the last weeks there was speculation regarding Mt Gox payouts and the effects that they could have in the cryptocurrency market. Creditors of the exchange started filing civil rehabilitation claims during the last month.
2018-9-21 19:42 | |
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A person who used to trade BTC at Mt. Gox had some ominous words to share about its claims process.
2018-9-18 22:36 | |
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Why Mt. Gox’s Payouts May ‘Completely Crash the Market’? Mt. Gox was one of the most important cryptocurrency exchanges in the world. The company was hacked for over 800,000 BTC and it was not able to give back to its users the funds they had.
2018-9-17 21:55 | |
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Mt. Gox, a former leader in the crypto markets and now, the enemy of many. After a hack which saw around 800,000 BTC stolen, the Mt. Gox story has gone from bad to worse, with the exchange now liable for making compensation payments to some of the victims who lost assets during the hack.
2018-9-17 13:30 | |
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Defunct Bitcoin exchange platform, Mt. Gox, has announced the commencement of civil rehabilitation proceedings for victims of the Mt. Gox hack. This announcement has given hope to creditors that they might soon recover their stolen funds.
2018-8-26 20:05 | |
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Bitcoin (BTC) lost-users of the Mt. Gox exchange could be getting back their affected money as it was declared that approximately $1. 0 bln in BTC are getting ready to return. Almost all crypto-enthusiasts, traders and investors know about the history of Mt.
2018-8-26 13:06 | |
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