MT Gox old crypto exchange what happened now?🤑🤑🤑🤑🤑🤑👇👇👇👇

Here are some news reports about the MT Gox exchange ¹ ² ³ ⁴ ⁵:

- The MT Gox crypto exchange was hacked in 2014, resulting in the loss of 740,000 bitcoin, approximately $15 billion

- In July 2024, MT Gox is set to return over 140,000 bitcoin to the victims of the 2014 hack

- The repayments by MT Gox may add selling pressure to the bitcoin and bitcoin cash markets

- The exchange was asked to distribute assets stolen from clients in a 2014 hack in the first week of July 2024

- The repayments are supposed to be made in bitcoin and bitcoin cash

- In 2011, the exchange was hacked, and at least 647,000 bitcoin were funneled out of the MT Gox wallets between 2011 and 2014

- 300,000 of the stolen coins were transferred to BTC-e, another now-defunct crypto exchange

- Two Russian nationals, Alexander Verner and Alexey Bilyuchenko, were charged by the US federal government for their involvement in the series of hacks that brought down the MT Gox Bitcoin exchange in 2014.