Mt. Gox

One of the world’s first bitcoin exchanges, Mt. Gox eventually built up a huge customer base – with around 80% of global trading volume at its peak. In February 2014, however, all trading was closed after technical issues resulted in an alleged loss of 850,000 bitcoins, leaving the troubled exchange insolvent and many customers out of pocket. The saga is ongoing, with the legal wrangling over its bankruptcy and potential revival plans often hitting the headlines, so check this page for the latest news updates on the case.

For Desperate Mt Gox Victims, Long-Shot Bitcoin Deal Beats Endless Wait

| Anna Baydakova

Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives. 

Mt.-Gox-bitcoin-Mark-Karpeles1

$2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims

| Anna Baydakova

A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.

Want to Understand Bitfinex? Understand Mt. Gox  

| Daniel Cawrey and Sina Nader

People interested in understanding Bitfinex are well-served to understand what happened with Mt. Gox.

Mt Gox Trustee Seeks to Extend Civil Rehabilitation Claims Deadline

| Yogita Khatri

The trustee of the collapsed bitcoin exchange Mt. Gox is hoping to give creditors more time to enter civil rehabilitation claims.

Hedge Funds Are Reportedly Racing to Buy Mt Gox Creditor Claims

| Stan Higgins

International hedge funds are said to be moving to purchase claims held by customers of the failed bitcoin exchange Mt Gox.

Justice, Court, Law

Mizuho Bank Dealt Blow in Mt Gox Lawsuit Update

| Stan Higgins

A US judge largely denied a push by Mizuho Bank last week to dismiss charges filed against it in a class action suit tied to the collapse of Mt Gox.…

Bitcoin Ponzi Schemer Hints at Dealings With Mt Gox CEO

| Stan Higgins

Convicted Ponzi operator Trendon Shavers is now insinuating that the unidentified debtor cited in his defense against the SEC was Mark Karpeles.

Report: Mt Gox CEO Mark Karpeles Released On Bail

| Stan Higgins

A Japanese media report suggests Mt Gox CEO Mark Karpeles has been released on bail.

law court

Judge Dismisses Mt Gox Class Action Lawsuit in Canada

| Pete Rizzo

An effort to bring a class action lawsuit against defunct bitcoin exchange Mt Gox has been dismissed in Canada.

mizuho

US Judge Rules Mt Gox Class Action Can Continue Against Mizuho Bank

| Pete Rizzo

A judge has rejected a claim by Mizuho Bank that a class action lawsuit related to its involvement in the collapse of Mt Gox should move to Japan.