A brief history of Mt. Gox, the $3B Bitcoin tragedy that just won’t end


Mt. Gox’s ex-owner Mark Karpelès is due to face court in Japan this Friday, which means the long-running case of its “missing” Bitcoin is reaching a crescendo. It’s been over five years since Mt. Gox filed for bankruptcy, and it’s a pretty messed up story. Climbing Mt. Gox Mt. Gox was one of the first Bitcoin exchanges on the web, but it wasn’t always related to cryptocurrency. Back in 2007, programmer Jed McCaleb purchased the mtgox.com domain for an online trading platform for virtual cards used in the game Magic: The Gathering. Fast forward a few years to 2010, and…

This story continues at The Next Web

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