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For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7 billion today. While the wallet was once the sixth-largest address a few years ago, today it’s the ninth-largest wallet in terms of bitcoin held, and the funds have never been spent […]Powered by WPeMatico
Former CEO Mark Karpeles disclosed that the exchange had roughly 200,000 BTC in possession during the company’s closure, out of which the trustee sold 50,000 BTC for $600 million in the past.
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The former CEO of the bankrupt bitcoin exchange Mt Gox, Mark Karpeles, announced he has launched a non-fungible token (NFT) project that will give Mt Gox customers registered between 2010 and 2014 an airdropped NFT. The Mt Gox NFTs are ERC721-compatible tokens that claim to provide “specific use cases.” Former Exchange CEO Announces Commemorative Mt […]Powered by WPeMatico
“Owning a Mt. Gox NFT proves you’re OG… you were there in the early days of Bitcoin, and now you can prove it on the blockchain,” said the project’s whitepaper.
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Mt Gox claimants may see restitution soon as a recent filing from the Tokyo District Court’s trustee Nobuaki Kobayashi explains that the rehabilitation plan is now “final and binding.” The document published on Tuesday notes that an announcement will follow that discloses the “details of the specific timing, procedures, and amount of such repayments.” Mt […]Powered by WPeMatico
The move awards another victory to former Mt. Gox CEO Mark Karpeles.
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According to onchain data analytics researchers, one of the founders of the company Ripple, Jed McCaleb allegedly sold 29.5 million XRP in a single day. McCaleb, an early cryptocurrency investor, and self-made entrepreneur is one of the richest men on the planet. There are a number of investors who happened to get into cryptocurrency at […]
The post Crypto Billionaires: Ripple’s Jed McCaleb World’s 40th Richest Person, Cofounder Sells 29 Million XRP Last Week appeared first on Bitcoin News.
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The original Silk Road marketplace has been shut down for well over seven years now and to this day, 444,000 bitcoin worth $4.8 billion is still missing. Just recently, a report focused on those funds discusses one of the market’s biggest mysteries and how people have seemingly forgotten about this massive stash. A number of […]
The post The Silk Road Balance Sheet Discrepancy: Bitcoin Worth $4.8 Billion Still Missing appeared first on Bitcoin News.
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A U.S. District judge has dismissed the summary judgment request of the former Mt Gox CEO in a lawsuit from 2014 accusing Mark Karpeles of fraudulent misrepresentation.
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Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin that Dr. Wright claims were stolen from the exchange, citing expert support.
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