Principles of Bitcoin

Principles of Bitcoin

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Principles of Bitcoin
Principles of Bitcoin
The Mt. Gox Bankruptcy

The Mt. Gox Bankruptcy

Inside Baseball on the Bankruptcy of the First Bitcoin Exchange

Korok Ray's avatar
Korok Ray
Apr 27, 2025
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Principles of Bitcoin
Principles of Bitcoin
The Mt. Gox Bankruptcy
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Mt. Gox was the first place where Bitcoin was publicly traded with a transparent market price. There’s a mountain of publicly available information about how it went bankrupt, but here I’ll share some quick anecdotes about the bankruptcy process itself.

I spoke to the trustee of the bankruptcy. I will leave him unnamed. This process was one of the most p…

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