A brief history of Mt. Gox and the final repayment of #BTC
This thread will cover ๐งต;
-What's Mt. Gox?
-What happened to Mt. Gox?
-When will Mt. Gox begin to repay?
This thread will cover ๐งต;
-What's Mt. Gox?
-What happened to Mt. Gox?
-When will Mt. Gox begin to repay?
2/x Fun Fact ๐ก:
Mt. Gox once was an exchange to trade "Magic: The Gathering" cards online. It has been called Mt. Gox (Magic: the Gathering Online eXchange).
Mt. Gox once was an exchange to trade "Magic: The Gathering" cards online. It has been called Mt. Gox (Magic: the Gathering Online eXchange).
3/x What happened to Mt. Gox?
As the world's largest #BTC exchange, Mt. Gox was the target of hackers and got hacked in 2011, which caused several thousand $BTC to be lost.
As the world's largest #BTC exchange, Mt. Gox was the target of hackers and got hacked in 2011, which caused several thousand $BTC to be lost.
5/x What happened to Mt. Gox? (Cont.)
However, Mt. Gox recovered 162,105.97 #Bitcoin, which was stored in a cold wallet and will be made available to creditors.
Source: token.unlocks.app
However, Mt. Gox recovered 162,105.97 #Bitcoin, which was stored in a cold wallet and will be made available to creditors.
Source: token.unlocks.app
6/x When will Mt. Gox start repayment?
There has been NO confirmation of the repayment date yet. ๐ซ
The repayment will not be distributed at once to avoid selling pressure.๐
It will be split into two payments arranged for creditors; the initial payment and the final payment.
There has been NO confirmation of the repayment date yet. ๐ซ
The repayment will not be distributed at once to avoid selling pressure.๐
It will be split into two payments arranged for creditors; the initial payment and the final payment.
8/x When will Mt. Gox start repayment? (Cont.)
Currently, there are 137,890.98 #BTC in Mt. Gox's cold wallet.๐ฐ
Token.unlocks.app provides the subscription service at no cost to track it and get notified when it moves.๐
Currently, there are 137,890.98 #BTC in Mt. Gox's cold wallet.๐ฐ
Token.unlocks.app provides the subscription service at no cost to track it and get notified when it moves.๐
9/x
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If you've enjoyed the thread thus far, please go to the first tweet and RT ๐
Follow @Token_Unlocks for Tokenomics-related news and updates. ๐โค๏ธ
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