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Customers of the Mt. Gox began receiving compensation for the decade-old hack In 2014, hackers stole 840,000 BTC ($460 million at the exchange rate of $540 at the time) from the Mt. Gox. After the hack, the company filed for bankruptcy with a plan to at least partially reimburse users. The exchange recovered 143 thousand BTC, the same amount of BCH and another $467 million in Japanese yen. The liquidators planned to distribute these funds among creditors in 2024. Today, Japanese users started boasting about their first PayPal payments. For example, one trader who was owed 0.125 BTC (~$5,350) by the exchange received 30,000 yen (~$200) and expects to receive another $740 in yen and about $2,000 in BTC and BCH.

Customers of the Mt. Gox began receiving compensation for the decade-old hack

In 2014, hackers stole 840,000 BTC ($460 million at the exchange rate of $540 at the time) from the Mt. Gox. After the hack, the company filed for bankruptcy with a plan to at least partially reimburse users.

The exchange recovered 143 thousand BTC, the same amount of BCH and another $467 million in Japanese yen. The liquidators planned to distribute these funds among creditors in 2024.

Today, Japanese users started boasting about their first PayPal payments. For example, one trader who was owed 0.125 BTC (~$5,350) by the exchange received 30,000 yen (~$200) and expects to receive another $740 in yen and about $2,000 in BTC and BCH.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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