Mt. Gox Begins Repaying Victims Nearly 10 Years After $35B Bitcoin Hack
• In 2014, Mt. Gox cryptocurrency exchange suffered a major hack, losing 850,000 Bitcoins worth over $35 billion today
• Mt. Gox trustees recovered 20% of stolen funds and started repaying victims this week, nearly 10 years later
• Some victims reported receiving double payments by mistake and are being asked to return the excess
• Mt. Gox creditors expressed frustration about still dealing with this issue after a decade of waiting
• Mt. Gox has until October 2024 to finish repaying all creditors, though large repayments unlikely to destabilize crypto markets