FORK PROJECT #4 — MT. GOX
COLLAPSE
YesOkLab · AI: Claude (Anthropic)
2010.07
MTGOX Founded
2011.03
Bitcoin Trading Begins
World's Largest Exchange
2013.11
80% of All BTC Trades
Flow Through Mt. Gox
2014.02
⚠ HACKED — 850,000 BTC
Bankruptcy Filed
2014-2024
Civil Rehabilitation
140,000 BTC Recovered
2024.07
Repayments Begin
~$9B in BTC Returned
Total Lost
850K
BTC stolen in hack
Recovered
140K
~14.7% recovery rate
2014 Price
$600
per BTC at collapse
2025 Value
$100K+
~10,000% increase
Today's Worth
$9B+
140K BTC × current price
MT. GOX
Magic The Gathering Online eXchange · Shibuya, Tokyo

CASE: CIVIL REHABILITATION TOKYO DISTRICT COURT
FILED: FEB 28, 2014 STATUS: REPAYMENT ONGOING

UNAUTHORIZED ACCESS DETECTED
WALLET DRAIN: 850,000 BTC
SOURCE: SUSPECTED BTC-E / ALEXANDER VINNIK
RECOVERY RATE: 14.7%
⚠ SYSTEM BREACH ⚠
FEBRUARY 2014 — ALL WITHDRAWALS SUSPENDED

850K BTC — Stolen in Hack LOST
140K BTC — Recovered (Cold Wallet) FOUND
~48K BTC — Sold for Debt Repayment
— Feb 28 – Mar 6, 2018
SOLD
140K BTC — Creditor Repayment
— Distribution begins July 2024
RETURNING

Original Holdings ~1,000,000 BTC
2014 Value ~$460,000,000
Recovery Rate 14.7%
RECOVERED 140,000
Worth ~$9,000,000,000 today — The ghost of Mt. Gox haunts the market still.
Recovery Progress
0 BTC 140,000 / 850,000 BTC 850K BTC

MTGOX-2014-BREACH · 850000 BTC LOST
EXCHANGE OFFLINE