What's this? This is an unbiased just-the-facts news timeline ('newsline') about Mt. Gox, created by Newslines' contributors. Help us grow it by finding and summarising news. Learn more

Mt. Gox

Mt. Gox63 posts

Mt. Gox was one of the first Bitcoin exchanges, a place where customers could convert their local currencies into the virtual currency. The site was located in Japan and run by Mark Karpeles, a young French programmer. As Bitcoin increased in value the site experienced technical difficulties, hacking and public relations crises, culminating in the exchanges’ bankruptcy in February 2014, and the loss of hundreds of millions of dollars of users’ funds.

2012

Sued for unfinished work

Files Suit

Karpeles is sued by a customer who claims he had paid 15,000 euros ($20,700) for a website to be developed that was never built. The Tokyo District Court rules in May 2013 that Karpeles has to return the money.

What's this? This is an unbiased just-the-facts news timeline ('newsline') about Mt. Gox, created by Newslines' contributors. Help us grow it by finding and summarising news. Learn more