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Mt. Gox Takes Steps to Repay Creditors: Verification Process Begins
1 month ago 1 min read

Mt. Gox starts verifying creditor identities to repay lost 200k Bitcoin from the 2014 hack

Mt. Gox, a once-prominent crypto exchange, has begun the process of verifying creditor identities as part of its ongoing effort to repay losses caused by a major hack in 2014. Creditors are now receiving emails requesting identity confirmation, which is a critical step in recovering lost Bitcoin and Bitcoin Cash. Creditors recently reported receiving emails from Mt. Gox urging them to verify the identity associated with their Mt. Gox accounts. This verification process is required before reclaiming the Bitcoin (BTC) and Bitcoin Cash (BCH) stolen during the infamous 2014 hack. A detailed email shared on the Mt. Gox discussion forum