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Bitcoin windfall coming for Mt. Gox creditors after decade-long wait and 10,000% price spike

by Editor June 29, 2024, 3:25 pm 1.7k Views

Bitcoin windfall coming for Mt. Gox creditors after decade-long wait and 10,000% price spike

Users of collapsed bitcoin exchange Mt. Gox have been trying to get their money back for a decade. From the beginning of July, the company will begin paying users back their funds.

Kiyoshi Ota | Bloomberg | Getty Images

Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago after a major hack, is finally set to repay creditors, who are being rewarded handsomely for their patience.

Up to 950,000 bitcoin were lost in…

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Posted by Editor

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