Mt. Gox Hacker Holds $3.18 Billion in Bitcoin, Among the 1,000 Richest People in the World
The Mt. Gox Bitcoin exchange suffered a major hack in 2014, resulting in the loss of hundreds of thousands of Bitcoin. The hacker siphoned out around 650,000 BTC over three years, with many of the Bitcoins laundered on BTC-e. Forensic analyses estimate that the Mt. Gox hacker still holds 79,957 BTC, making them one of the 1,000 richest people in the world with a net worth comparable to Michael Jordan. The hack exposed weak security protocols at Mt. Gox and still haunts Bitcoin investors and the cryptocurrency market.
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