The largest exchange, Mentougou, went bankrupt

2014 was the first year of the bear market in the cryptocurrency circle

"Mentougou" refers to the Japanese Mt.Gox exchange, which was once the largest Bitcoin exchange in the world.

In 2014, Mt.Gox exchange had an accident and declared bankruptcy. It claimed to have lost 750,000 Bitcoins of its customers and 100,000 Bitcoins of its own company. But soon, the media revealed that the whole incident was directed and acted by the CEO of Mt.Gox. The report reported that of the 650,000 "stolen" Bitcoins, hackers actually only stole 7,000, and the rest were framed by insiders and were actually taken away by "insiders", who were the CEO himself. In 2015, Mt.Gox CEO Mark Karpelè was arrested and imprisoned. In 2016, he was released on bail and restricted from leaving the country.

After Mark Karpelè was released from prison, he found 170,000 Bitcoins and a large number of forked airdrop coins, such as BCH, in the company's account that year. At this time, the price of these coins has far exceeded the price when they were lost. If calculated according to the legal currency price at the time of the "theft", these 170,000 coins can not only completely make up for the deficit, but Mark Karpelè can also make a lot of money. However, users will definitely not buy it, so another round of appeals will be launched. In the end, the Japanese court ruled to suspend the bankruptcy proceedings of Mentougou and required that the $1 billion worth of bitcoins be returned to former customers. #非农就业数据即将公布 #英伟达财报 #新币挖矿DOGS