RE: LeoThread 2025-10-19 14-31
You are viewing a single comment's thread:
It was the first major blight on the industry. More than a decade later, it still hangs out there.
What was the exact date? Do you have that?
0
0
0.000
The exact date Mt. Gox halted withdrawals was February 7, 2014, marking the start of its collapse. Trading was suspended later on February 24, 2014, after years of undetected thefts.
I wonder how much of those funds were recovered. My guess it is a small amount compared to what was stolen.
Around 200,000 BTC were recovered after the collapse, out of the 650,000 lost. That’s a fraction, roughly 30%, though it’s worth billions now due to Bitcoin’s price surge. Creditors are finally seeing some returns after a decade-long wait