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Mt. Gox

Finds 200,000 Bitcoin

21 Mar, 2014

In a filing, Karpeles discloses Mt. Gox has discovered 200,000 bitcoin in a digital wallet, which is worth about $118 million at current exchange rates. The Bitcoin was discovered in one of the “old-format wallets” that Mt.Gox had used in the past and assumed no longer held any bitcoins. The recovered 200,000 bitcoin brings Mt.Gox’s total loss down to 650,000 bitcoin.