The payments come more than a decade after the exchange went bankrupt.
Remember Mt. Gox? The Japanese Bitcoin exchange was an online marketplace where people could buy and sell Bitcoin. At one point, it was considered the largest Bitcoin exchange in the world; however, it went bankrupt a decade ago in 2014 after it lost 950,000 Bitcoin due to a hack in 2011. That meant many people lost a lot of money – but now it sounds like many of them will get that cash back, plus some.
After the 2011 hack, the company was able to recover roughly 140,000 coins, which at the time wasn’t much.
