In addition to being Bitcoin’s 10th birthday, Jan. 3, 2019 will go down in history as being the crypto world’s inaugural Proof of Keys day.
Blockchain pioneer Jed McCaleb, known for cofounding Mt.Gox, Ripple and Stellar, called Tron and 90% of other crypto-related projects ‘just garbage’ in a recent interview to Yahoo! Finance.
The former CEO of bitcoin exchange Mt. Gox is now facing a decade jail term, as prosecutors claim he transferred millions of clients’ funds to his personal account.
Vinnik’s lawyer claimed that the decision to hunger strike came amidst the allegedly illegal actions actions on part of Greek and French authorities.
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The Mt. Gox trustee has disclosed some more details on the company’s rehabilitation process and confirmed the sale of over $230 million worth of crypto.
Once again unlucky CEO of the despoiled exchange got under the fire as his former U.S. customers brought on a fraud lawsuit to the federal judge in the state of Illinois.
The victims of infamous cyber attack on the Mt.Gox exchange are eligible to file proof of their claims in a newly-approved rehabilitation process.
The leading crypto exchange lost its status in February 2014 and turned into a bankrupt because of the 744,000 Bitcoin theft. The creditors do not lose hope to get their money back. The petition to reclaim the lost funds was started in November 2017, but the first repayments are expected in summer 2019.
Kelly believes that the current developments in the cryptocurrency market might give a short-term pain but will prove to be fruitful in the long-run.