📉 In 2014, the crypto exchange Mt. Gox collapsed after losing approximately 850,000 Bitcoin.
https://i.redd.it/26l4v38b0o3h1.png
📉 In 2014, the crypto exchange Mt. Gox collapsed after losing approximately 850,000 Bitcoin.
https://i.redd.it/26l4v38b0o3h1.png
3 Comments
Who would have thought, the unofficial Magic The Gathering Online Exchange, would be poorly built.
I got my first 55 btc from mtgox. Was sending money orders to Japan and Germany in 2010 and got scammed a lot but did get a bunch out of it at times. I never sold and kept in cold storage since
Crazy reminder of how early and risky crypto was back then Mt. Gox basically became the lesson that shaped modern exchange security and self-custody mindset.