Mt gox news

Mt. Gox! The infamous Bitcoin exchange that filed for bankruptcy in 2014. Here are some recent news updates:

March 2021: Mt. Gox's trustee, Nobuaki Kobayashi, has announced that he will distribute approximately 141,000 BTC (worth around $1.4 billion) to creditors. This is the final distribution of assets from the exchange's bankruptcy estate.

February 2021: The Japanese court has approved the plan to distribute the remaining assets of Mt. Gox to creditors. The plan involves distributing the remaining 141,000 BTC, as well as other assets, to creditors.

January 2021: Mt. Gox's trustee has announced that he will distribute around 34,000 BTC (worth around $340 million) to creditors. This is the latest in a series of distributions from the exchange's bankruptcy estate.

2020: Mt. Gox's trustee has been working to distribute the remaining assets of the exchange to creditors. In 2020, he distributed around 130,000 BTC (worth around $1.3 billion) to creditors.

2019: Mt. Gox's trustee has been working to resolve the exchange's bankruptcy case. In 2019, he filed a plan to distribute the remaining assets of the exchange to creditors.

2014: Mt. Gox filed for bankruptcy in February 2014, after it was discovered that the exchange had lost around 850,000 BTC (worth around $500 million at the time) due to a hack. The exchange's CEO, Mark Karpeles, was arrested and charged with embezzlement.

Recent developments: In recent years, there have been several developments in the Mt. Gox case, including the distribution of assets to creditors and the resolution of lawsuits against the exchange's former executives. However, the case is still ongoing, and it may take several more years for all of the assets to be distributed to creditors.