Will Bitcoin Face Downturn Pressure after Mt. Gox Transfers 2,570 BTC?
Mt Gox transfers are back. But is the market even capable of being spooked?
Mt. Gox Extends Repayment Deadline, Creditors Wait Patiently
The new deadline has been pushed back by a full year, from October 31, 2024, to October 31, 2025, according to a statement published on the exchange's website.
Mt Gox Jitters Spook the Market
An announcement that Mt. Gox will soon begin distributing assets stolen from users during a 2014 hack sent Bitcoin into free fall.
Locked Account Holders Sell Their FTX, Celsius and BlockFi Accounts
With bankruptcy proceedings for failed crypto platforms likely to take many years, customers with locked funds are moving to sell their accounts in online marketplaces.
Japan’s FSA considering over 100 new exchange applications
Japan has a reputation as a crypto-friendly nation. Following the Coincheck hack in 2018, Japan tightened controls over the entry of new exchanges as well as existing trading platforms. In 2019, the sentiment is thawing and a number of new platforms appear set to enter the market.
Mt.Gox receivers begin the beginning of the end
Although a final payout for creditors isn’t coming any time soon, progress is being made on the Mt Gox receivership
MtGox Bankruptcy Trustee Report: Petition for Commencement for Civil Rehabilitation Proceedings Filed by Some of Creditors
Creditors of MtGox filed a petition for commencement of civil rehabilitation proceedings against the Bitcoin exchange with the Tokyo District Court on November 24, 2017. The petition was heard on June 22, 2018, and the Tokyo District Court issued an order of the commencement of civil rehabilitation proceedings for MtGox.
MtGox, BTC-e, and the Missing Coins: A living timeline of the greatest cyber crime ever
This time a year ago, one might have been forgiven for thinking that Bitcoin had exhausted its fair share of newsworthy scandals. But the past several months have proven that this technology, although no longer nascent, shows no signs of becoming boring any time soon. With the recent hardfork and the creation of the first alt-bitcoin, Bitcoin Cash (BCH), the news of developments in the MtGox saga late last month was relegated to the status of mere background noise among media outlets covering the crypto space. This is understandable, given that increasingly few players in today’s crypto ecosystem have been around long enough to remember the theft, or to have been affected by it. However, for those who have been following Bitcoin since the earlier days, any progress in solving the mystery of the MtGox heist is still considered big news.
BTC-e indicted for laundering MtGox funds, fined $110 Million
The U.S. Department of Justice (DOJ) recently announced the indictment of a Russian national and an organization he allegedly operated, the bitcoin exchange BTC-e, for operating an unlicensed money service business, money laundering, and related crimes. “BTC-e was noted for its role in numerous ransomware and other cyber-criminal activity; its take-down is a significant accomplishment.” - Michael D’Ambrosio, Special Agent in Charge of the US Secret Service Criminal Investigative Division
Mt Gox Bitcoins Reportedly Moved To BitFinex, The Day Before Black Monday
Bitcoin joined the world's markets Monday in taking a dip, at least for a short while. Reports are surfacing of MtGox coins being transferred to Bitfinex, which experienced a range of issues.
Karpeles Arrested, Not For Missing Millions
The MtGox exchange collapse was a milestone moment in the Bitcoin industry, and won’t be forgotten. The international investigation has shown ties to the Silk Road, federal agents, and now the Japanese courts have declared virtual currencies cannot be owned.
WizSec Sees Little Hope For MtGox Creditors
Creditors are now able to make claims for their lost funds, but according to a report released by WizSec, the MtGox bitcoins were syphoned long before the collapse.
