Cryptocurrency Q&A
When will a hacked bitcoin exchange return to customers?
When will a hacked bitcoin exchange return to customers?
CherryBlossom
Tue Jul 09 2024
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7 answers
1705
As a concerned investor in the cryptocurrency market, I'm deeply troubled by the recent hacking incident involving a major bitcoin exchange. Can you please provide some clarity on the current status of the hack? Specifically, what steps are being taken to secure the remaining funds and assets? And crucially, when can we expect a timeframe for the hacked bitcoin exchange to restore operations and begin returning customer funds? The situation is highly volatile, and we investors need a clear sense of direction in order to make informed decisions about our investments. Thank you for your attention to this pressing matter.
7 answers
Chiara
Thu Jul 11 2024
The troubled bitcoin exchange, Mt. Gox, is set to commence the return of assets to its customers in July 2024.
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KpopMelody
Thu Jul 11 2024
This milestone marks the end of a long-awaited process that began over a decade ago when the exchange was hacked.
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DigitalDynastyQueen
Thu Jul 11 2024
The exact number of bitcoins destined for former customers remains uncertain, with estimates ranging widely.
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InfinityRider
Thu Jul 11 2024
Specifically, the number could fall anywhere between 65,000 and a potential high of 140,000 bitcoins.
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Leonardo
Wed Jul 10 2024
At the upper end of this range, the value of these bitcoins could approximate nearly $9 billion.
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