Tag: mt. gox

While the Mt. Gox exchange may be dead, its ghost has refused to rest in peace until its killers are hunted down. Most recently, a Greek court has ruled that Alexander Vinnik, founder of the now-defunct BTC-e cryptocurrency exchange, will be extradited to France. Vinnik has been accused of playing a significant role in the Mt. Gox and Bitcoinica heists. Mr….

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Victims of the infamous Mt.Gox hack that shook the cryptospace in 2014 are yet to get reimbursed. However, there is a glimmer of hope for creditors as the Tokyo District Court has approved a petition to move the ongoing case from criminal bankruptcy to civil rehabilitation. Get Paid in Bitcoin According to a statement on the Mt.Gox website on June…

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For the first time since the start of the year, the price of bitcoin dipped below $6,000 per coin, which marks a 10 percent decline versus the previous week and an over 50 percent drop year-to-date. The continuance of the bitcoin price decline was driven by the hack of Korean bitcoin exchange Bithumb and the news that Mt.Gox creditors will…

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The Greek police have uncovered a plot to assassinate Alexander Vinnik, the Russian citizen that has been accused of having a hand in the Mt. Gox heist. Back in July 2017, a Japanese Cybersecurity firm, WizSec, revealed that Vinnik was actively involved in laundering $4 billion worth of bitcoin from the Mt. Gox and Bitcoinica crypto exchange hacks. Murder Attempt on…

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Mt.Gox, the infamous crypto-exchange which was hacked in 2014 of 850,00 bitcoins, has reportedly moved a huge amount of bitcoin (BTC) and bitcoin cash (BCH) to crypto-exchange wallets. If history is any indication of the future – a “dump” of bitcoins on the market, followed by panic selling could be expected soon. The underlying technology of bitcoin, blockchain, allows anyone…

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Mark Karpelès, the former CEO of the now-defunct Mt. Gox Bitcoin exchange has landed a new cryptocurrency job. London Trust Media, a U.S.-based corporation has hired Karpelès as its new Chief Technology Officer (CTO). The company, based in Denver, Colorado, is reported to be the most extensive virtual private network (VPN) service provider in the world. The news was confirmed…

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Chainalysis raised a $16 million Series A from Benchmark, an early venture fund that previously invested in Uber, Discord, Dropbox, eBay, Zendesk, and WeWork. The cryptocurrency compliance startup also released a new product called Know Your Transaction (KYT) which will help companies track criminals involved in financial fraud and money laundering. Federal Interest: Chainlaysis and the Mt Gox Case Chainalysis…

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Mark Karpelès is a much-maligned figure in the bitcoin community. There is arguably no one considered more of a villain by members of the bitcoin community than Mark Karpelès. There was a time when he was one of the most popular figures in the community, being the chief executive of Mt. Gox, the largest bitcoin exchange platform at the time….

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CryptoMedicated provides a great outline of how the Mt. Gox whale may not have precipitated the large drop in the price of bitcoin since December 2017. The analysis is reposted here for greater visibility, and to inform readers that this narrative that is being promoted in the cryptocurrency community as definitive may not have much substance to it. Perhaps the…

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Amid speculation that a trustee of the now-defunct Tokyo Bitcoin exchange Mt. Gox has contributed to flat or even declining interest in the virtual currency, said trustee has finally stopped selling off Bitcoin to settle creditors. For now, at least. Bulls Come out of the Gate Legal practitioner and court-appointed trustee Nobuaki Kobayashi has already sold off around $400 million…

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