Victims of the Mt. Gox debacle have become accustomed to delays, but as we reported last April, there were hints that a “rehabilitation plan”, as it is called, was in the process of finalization. Payments would surely commence sometime within this year. The trustee, unfortunately, could not comply by the October 31 deadline date and…
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The crypto revolution is gaining momentum. Bitcoin prices have soared past $12,600 and show no signs of slowing down. Unfortunately, hacking compromises, scam losses, and other nefarious methods of deception are also skyrocketing, as the seamy underbelly of the crypto-verse continues to make its presence known. Cryptocurrency theft is proliferating in all quarters, leveraging the…
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The Mt. Gox tragedy continues along its slow and dreary trail. Some 24,000 creditors are awaiting any kind of announcement that a possible distribution of recovered proceeds could occur in the not too distant future. The bankruptcy trustee has recovered $400 million by selling remaining Bitcoins during the 2017 to 2018 time period, but the…
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Crypto exchange trade.io has announced that it is offering a USD $250,000 equivalent bounty to anyone who supplies information that leads to the legal arrest of the bad actors involved in the attempted breach on trade.io on Saturday October 20th, 2018. In the latest response to the recent unauthorized access of 50M TIO from a single trade.io cold…
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