Mt Gox: Details of a massive BTC sell off

Mt Gox: Details of a massive BTC sell off

Mt Gox trustee Nobuaki Kobayashi explains for the liquidation was to sell enough BTC and Bcash to secure funds for distribution. The Mt Gox exchange was hacked and filed for bankruptcy in 2014, resulting in a loss of over 850,000 million bitcoins, valued at $473 million at the time.

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