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RE: What the Coincheck hack tells us about the current cryptocurrency market

in #cryptocurrency6 years ago (edited)

Something interesting you might not of heard is that MTGOX is technically not insolvent anymore and should be paying back everyone the USD equivalent of their holdings at the time of the hack.

The price of bitcoin was around $450 at the time of the hack, with the price over $10,000 now the CEO is in a position to get over half a billion dollars AFTER paying everyone back

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That's really interesting! And unfair...

Money = better health and better prosperity. As simple as that.