The biggest hacker theft in bitcoin history（Mt.Gox compensation plan launched）

The biggest hacker theft in bitcoin history

Due to the impact of the Mt.Gox incident, the entire crypto market experienced a significant downturn yesterday. Bitcoin plummeted from around $63000 to $58400 in one fell swoo

The main bearish factor behind this drop is the announcement from Mt. Gox yesterday. They stated they would begin compensating for the Bitcoin stolen by hackers in 2014 starting in July. The compensation will be based not on USDT, but on BTC and BCH. At the time, 650,000 BTC were stolen, and they still hold 140,000 BTC. As of yesterday, the value of the BTC claims will be calculated based on the price from April 2014, when the company went bankrupt, with each BTC claim valued at 50,058.12 yen (approximately $314 at the current exchange rate). Using BTC as the base undoubtedly leads to a sharp decline, but considering BTC’s hundredfold increase in recent years, the fiat base results in significant gains, essentially equivalent to forced holding
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