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Mt. Gox

avoid.net/mt-gox→2/100·95% conf.
[VERIFIED]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·ETSdzh…V5rw

Summary

Mt. Gox was a Tokyo-based Bitcoin exchange that, at its peak in 2013–2014, handled approximately 70% of all global Bitcoin transactions. In February 2014 it suspended trading and filed for bankruptcy after disclosing the loss of approximately 850,000 BTC — later revised to approximately 650,000 BTC net — due to theft that investigators determined began as early as late 2011. Creditor repayment proceedings under civil rehabilitation law have been ongoing since 2018, with partial distributions commencing in July 2024 and a current deadline of October 31, 2026.

Connected Entities

6 entities · 60 linked investigations
Organizations
□Kraken62□BTC-e2□Mt. Gox□Bitstamp67
Tokens
♦Bitcoin62♦Bitcoin Cash54
Relationships
  • Bitstamp→mentioned with→Mt. Gox(85%)
  • Bitstamp→mentioned with→Bitcoin(75%)
  • BTC-e→mentioned with→Bitcoin(70%)
  • BTC-e→mentioned with→Mt. Gox(90%)
  • Mt. Gox→mentioned with→BTC-e(70%)
  • Mt. Gox→mentioned with→Bitstamp(65%)
  • Mt. Gox→mentioned with→Bitcoin(80%)
  • Mt. Gox→mentioned with→Kraken(65%)
  • Mt. Gox→mentioned with→Bitcoin Cash(80%)
  • Kraken→mentioned with→Bitcoin(70%)
  • + 2 more
Also appears in
Kraken·62Bitcoin·62Bitcoin Cash·54Lendf.me·30Shibarium·28Ruslan Igorevich Tkachuk·2Nexera·32SafePal·42Bitcoin Xchange (Syria-based, ISIS-Linked)·0Abdelhakim Boukich·0+ 50 more

Connected Through

6 shared actors · 551 investigations

Distinct actors this investigation shares with others — holders, traders, and named parties. Shared infrastructure (exchanges, pools) is excluded.

Have evidence about Mt. Gox?

Timeline(21 events)

2007

Jed McCaleb registers mtgox.com as a Magic: The Gathering Online card trading platform.

Mt. Gox — Wikipedia

July 2010

McCaleb relaunches mtgox.com as a Bitcoin exchange after reading about Bitcoin on Slashdot.

What Is Mt. Gox? — Gemini Cryptopedia

March 2011

McCaleb sells Mt. Gox to Mark Karpeles for approximately $0 plus a share of future profits.

Mt. Gox — Wikipedia

19 June 2011

Hacker uses compromised auditor credentials to set Bitcoin price to $0.01 on Mt. Gox and steal approximately 2,000 BTC. Exchange suspends trading briefly.

The History of the Mt Gox Hack — Blockonomi

September 2011

Mt. Gox hot wallet private keys (wallet.dat file) are copied and stolen, per WizSec blockchain analysis. Systematic theft of incoming deposits begins.

WizSec: The Missing MtGox Bitcoins

June 2013

Approximately 630,000 BTC has been drained from the compromised hot wallet by mid-2013, per WizSec analysis.

WizSec: Breaking Open the MtGox Case, Part 1

7 February 2014

Mt. Gox halts all Bitcoin withdrawals, initially citing transaction malleability issues.

Collapse of Mt. Gox — Bitcoin Wiki

25 February 2014

Mt. Gox suspends all trading, its website goes offline.

Mt. Gox — Wikipedia

28 February 2014

Mt. Gox files for civil rehabilitation in the Tokyo District Court, disclosing the loss of approximately 850,000 BTC (~$473 million).

Mt. Gox Files for Bankruptcy — NPR

20 March 2014

Mt. Gox announces discovery of 199,999.99 BTC in an old wallet, reducing reported net loss to approximately 650,000 BTC.

Mt. Gox — Wikipedia

24 April 2014

Tokyo District Court converts Mt. Gox proceedings from civil rehabilitation to bankruptcy liquidation.

Collapse of Mt. Gox — Bitcoin Wiki

April 2015

WizSec publishes blockchain forensics report concluding most or all missing BTC were stolen from the hot wallet beginning in late 2011.

WizSec: The Missing MtGox Bitcoins

August 2015

Mark Karpeles arrested in Tokyo on suspicion of manipulating computer records and embezzlement.

Mark Karpeles — Wikipedia

June 2018

Tokyo District Court grants request to convert proceedings back to civil rehabilitation; Nobuaki Kobayashi appointed rehabilitation trustee.

Mt. Gox — Wikipedia

14 March 2019

Tokyo District Court convicts Karpeles of data manipulation (falsifying records to inflate holdings by ~$33.5M); acquits him of embezzlement. Sentenced to 30 months suspended for four years.

Former Mt. Gox Chief Mark Karpeles Acquitted of Most Charges — CNN Business

12 June 2020

Tokyo High Court upholds Karpeles's suspended sentence on appeal.

Japan's High Court Rejects Former Mt Gox CEO's Conviction Appeal — CoinDesk

9 June 2023

DOJ unseals indictment charging Russian nationals Alexey Bilyuchenko and Aleksandr Verner with conspiring to launder approximately 647,000 BTC stolen from Mt. Gox and operating BTC-e.

Russian Nationals Charged — DOJ SDNY

5 July 2024

Mt. Gox rehabilitation trustee begins distributing Bitcoin and Bitcoin Cash to creditors through Kraken, Bitstamp, and BitGo — the first distributions since the 2014 collapse.

Mt. Gox Begins Repaying Bitcoin to Creditors — CNBC

10 October 2024

Trustee Kobayashi announces most repayments to verified creditors completed; repayment deadline extended to October 31, 2025.

Mt. Gox Trustee Announcement — October 10, 2024

27 March 2025

Trustee announces over 19,500 creditors have now received Bitcoin and Bitcoin Cash repayments; additional distributions continue.

Mt. Gox Trustee Announcement — March 27, 2025

27 October 2025

Trustee extends repayment deadline a third time, to October 31, 2026. Approximately 34,000 BTC (~$4B+) remains in estate wallets awaiting distribution.

Mt. Gox Delays Creditor Repayment to October 2026 — CoinDesk
Provenance & Audit Trail
Anchored on SolanaVerify on-chain24 Wayback Archives

Decision Log

This investigation is cryptographically anchored to the Solana blockchain (4 events). 24 of 24 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-09-0923 claims checked2 corrections pending0 applied⛓ anchoredSee findings →
full audit log →version history →

model: claude-code-investigator

generated: 5/8/2026, 2:00:30 AM

last updated: 7/25/2026, 12:51:34 PM

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