Behind the Biggest Bitcoin Heist in History: Inside the Implosion of Mt. Gox
HACKED
Mt. Gox was once the biggest exchange for the virtual currency. Then half a billion dollars’ worth went missing. Emails give important clues to what happened.
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Photo Illustration by Brigette Supernova/The Daily Beast
TOKYO — When Mark Karpeles, the CEO of what was once the world’s largest Bitcoin exchange, said that the company had gone bankrupt because 800,000 bitcoins (worth nearly half a billion dollars at the time) had been hacked, he wasn’t exactly lying.
