20 Facts About Mt Gox

1.

Mt Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan.

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2.

Mt Gox suspended trading, closed its website and exchange service, and filed for bankruptcy protection from creditors.

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3.

Mt Gox launched its exchange and price quoting service deploying it on the spare mtgox.

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4.

Mt Gox auditor's compromised computer to transfer a large number of bitcoins illegally to himself.

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5.

Mt Gox used the exchange's software to sell them all nominally, creating a massive "ask" order at any price.

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6.

Mt Gox address was announced beforehand, and executed in Block 132749.

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7.

Mt Gox received its money services business license from FinCEN.

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8.

Mt Gox suspended withdrawals in US dollars on 20 June 2013.

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9.

Mt Gox announced that it had "fully resumed" withdrawals, but as of 5 September 2013, few US dollar withdrawals had been successfully completed.

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10.

Mt Gox announced that it incurred "significant losses" due to crediting deposits which had not fully cleared, and that new deposits would no longer be credited until the funds transfer was fully completed.

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11.

Mt Gox said it was pausing withdrawal requests "to obtain a clear technical view of the currency processes".

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12.

Mt Gox is working with the bitcoin core development team and others to mitigate this issue.

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13.

Mt Gox issued yet another statement, not giving any date for the resumption of withdrawals.

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14.

Mt Gox moved its offices to a different location in Shibuya.

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15.

Mt Gox suspended all trading, and hours later its website went offline, returning a blank page.

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16.

Mt Gox filed in Tokyo for a form of bankruptcy protection from creditors called minji saisei to allow courts to seek a buyer, reporting that it had liabilities of about 6.

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17.

Mt Gox released a statement saying, "The company believes there is a high possibility that the bitcoins were stolen, " blamed hackers, and began a search for the missing bitcoins.

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18.

Mt Gox lawyers said that Karpeles would not appear for a deposition in a Dallas court, or heed a subpoena by FinCEN.

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19.

Mt Gox gave up its plan to rebuild under bankruptcy protection, and asked a Tokyo court to allow it to be liquidated.

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20.

Mt Gox, and moving it into an account he controlled, approximately six months before Mt.

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