{"id":88656,"date":"2024-07-01T00:30:33","date_gmt":"2024-07-01T04:30:33","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88656"},"modified":"2024-07-01T00:22:15","modified_gmt":"2024-07-01T04:22:15","slug":"bitcoin-windfall-coming-for-mt-gox-creditors-after-decade-long-wait-and-10000-price-spike","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2024\/bitcoin-windfall-coming-for-mt-gox-creditors-after-decade-long-wait-and-10000-price-spike.html","title":{"rendered":"Bitcoin windfall coming for Mt. Gox creditors after decade-long wait and 10,000% price spike"},"content":{"rendered":"\n<p>(CNBC) Mt. Gox, the Japanese\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">bitcoin<\/a>\u00a0exchange that collapsed into bankruptcy a decade ago after a major hack, is finally set to repay creditors, who are being rewarded handsomely for their patience. Up to 950,000 bitcoin were lost in the 2011 hack, at a time when the cryptocurrency was trading for a tiny fraction of its current value. Some 140,000 of those coins were recovered, a haul that, at today\u2019s prices, means that roughly $9 billion worth of bitcoin will be returned to its owners.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/06\/29\/bitcoin-windfall-comes-for-mt-gox-creditors-after-10000percent-price-spike.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Mt. Gox, the Japanese\u00a0bitcoin\u00a0exchange that collapsed into bankruptcy a decade ago after a major hack, is finally set to repay creditors, who are being rewarded handsomely for their patience. Up to 950,000 bitcoin were lost in the 2011 hack, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88656","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88656"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88656\/revisions"}],"predecessor-version":[{"id":88657,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88656\/revisions\/88657"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}