02-25-2023, 06:36 AM
9 Years Ago Today Mt. Gox Went Offline, and over 800,000 Bitcoin Were Stolen
<!-- SC_OFF --><div class="md"><p>Mt. Gox started its internet adventure as a game cards trading site in 2007, then changed as a rudimentary bitcoin exchange in late 2010. The site gained huge traffic, then the owner sold the platform to Mark Karpelès.</p> <p>Karpelès tried to make the site more functional with his own coding skills but didn't realize it was leaving gaps for hackers. The site had been exploited by attackers and slowly robbed its bitcoin by manipulating parts of transaction data for several years.</p> <p>An internal Mt. Gox document was leaked, which shows over 800,000 bitcoin were stolen, worth over $436 million at this time, and almost $19 billion now.</p> <p>Nine years later and customers are still waiting to get some of their bitcoin back.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mesutdmn"> /u/mesutdmn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11arngr/9_years_ago_today_mt_gox_went_offline_and_over/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11arngr/9_years_ago_today_mt_gox_went_offline_and_over/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Mt. Gox started its internet adventure as a game cards trading site in 2007, then changed as a rudimentary bitcoin exchange in late 2010. The site gained huge traffic, then the owner sold the platform to Mark Karpelès.</p> <p>Karpelès tried to make the site more functional with his own coding skills but didn't realize it was leaving gaps for hackers. The site had been exploited by attackers and slowly robbed its bitcoin by manipulating parts of transaction data for several years.</p> <p>An internal Mt. Gox document was leaked, which shows over 800,000 bitcoin were stolen, worth over $436 million at this time, and almost $19 billion now.</p> <p>Nine years later and customers are still waiting to get some of their bitcoin back.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mesutdmn"> /u/mesutdmn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11arngr/9_years_ago_today_mt_gox_went_offline_and_over/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/11arngr/9_years_ago_today_mt_gox_went_offline_and_over/">[comments]</a></span>