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A similar story happened with Mt Gox, which was insolvent at the time of its bankruptcy: Those 200,000 Bitcoins he found have sat untouched since he found them
by cm2187 5y ago
A similar story happened with Mt Gox, which was insolvent at the time of its bankruptcy:
Those 200,000 Bitcoins he found have sat untouched since he found them. The bankruptcy case restricts him from touching them but since 2014 when Mt. Gox filed for bankruptcy, the price of Bitcoin has skyrocketed. At the time of this recording it’s now worth over $10,000 per Bitcoin. Mt. Gox owes their creditors 450 million dollars which is what the Japanese courts have locked in as what he owes. But his 200,000 Bitcoins are now worth two billion dollars. If he were to pay off all his creditors today, he may then get to walk away with over one billion dollars. [1]
[1] https://darknetdiaries.com/transcript/9/ https://darknetdiaries.com/transcript/9/