Knowing how Fake News operates, the below post had me Curious... so i decided to take a look.
Did you know that Mt. Gox was named Mt Gox by its Founder, Jed McCaleb, who wanted to start a Magic the Gathering On-line exchange? That was the original intent behind Mt. Gox.
MTGOX = Magic The Gathering Online eXcahnge
Mt Gox was first exploited just 3 months after Jed McCaleb sold his SHIBuya, Tokyo, Japan based exchange, Mt. Gox in March of 2011.
Accoring to Wikipedia, to prove Mt. Gox still had control over its funds in June 2011, they moved 424,242 Bitcoins in 1 transaction. This Bitcoin would go thru a 3 year rug, from 2011 to 2014.
Over the next 3 years, Mt. Gox was slowly rugged, losing over 850,000 Bitcoin, worth over $35 Billion today.
I think anyone and everyone would agree that $35 Billion in Crypto is a lot of Crypto that will need to be laundered in several different ways. Enough opportunity to maybe provide liquidity services, build blockchains, invest in ICO's, maybe even buy some MTG cards. This is me just thinking thru the problem of having 850K Bitcoin that needs moved. Anyways...
Jed McCaleb later went on to found Ripple, who has arguably its largest presence in Japan, a partnership with SBI Holdings, who I agrue founded money laundering token, $SHIB. Japan happens to also be where Mt. Gox was headquartered.
In February 2014, Mt. Gox seized trading, 5 months prior to the Ethereum Token launch.
That same month (Feb-2014), the then CEO of Mt. Gox, stepped down from the board of the Bitcoin Foundation.
When Mt. Gox's exploit was announced, the price dipped 37%, a similar price action to that of Ethereum based, The DAO's exploit aftermath.
Ethereum's largest original exchange used by the Ethereum Foundation, Kraken, founder Jesse Powell was assigned to assist in the processing of the more than 127,000 creditors of Mt. Gox. This was announced early January of 2015.
BTC-E, accused of laundering Mt. Gox funds, was the original funder of a few of DerrickLiu_eth's wallets. They sent 100 ETH from BTC-E using a Split-Transaction contract setup by Krakens Deployer.
Remember the 424,242 BTC that Mt. Gox moved in June 2011? Ethereum's Block 0, which was the block where all 70Mish of Ethereum's presold ICO tokens were distributed, took place on Nonce 0x0000000000000042.
We could go on...
We got denied some funding last week, I guess we aren't good enough 🫡
Always stay curious my friends,
Boring Sleuth
2021: two guys in a room building an app
2024: hundreds of @easya_app devs lining up ‘round the block
…and hundreds of thousands more around the world 🌍
EP18 DIP A TOE, Let's Talk Crypto! What About Taxes?
Tonight 7pm ET we continue our conversation on the Bullrun - Lessons we've learned & the importance of determining WHY you are investing in crypto. What are your goals? Tonight we expand a little on Crypto & Taxes.
Melissa @moreuknowcrypto & Simon of @Simonsez_Crypto invite you to join our weekly conversation surrounding crypto. Whether you're experienced or thinking of "dipping a toe" please stop by & share your knowledge or ask your questions. We can learn so much from each other. 🙏
This is meant to be a fun chat & hopefully will point folks in a good direction as we "dip a toe" into #Crypto #Bitcoin #xrp #wallets #technology
Music credit - thank you Karl Casey! Loving your music
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🇺🇸 TYSON FOODS LAYS OFF 1,200 IN IOWA | CLOSING PERRY PORK PLANT
Mayor Dirk Cavanaugh:
"It's a big blow to the community, It's our largest employer in the area. It's going to be tough to figure out what to do without them."
Source: U.S News
Most Americans are still unaware that the census counts ALL people, including illegal immigrants, for deciding how many House seats each state gets!
This results in Dem states getting roughly 20 more House seats, which is another strong incentive for them not to deport illegals.
If you are in #crypto and not following this in-depth researcher @BoringSleuth you are missing out on deep blockchain forensic’s🔎
This sleuth is going to put someone behind bars one day because he’s covering the real data that the dark shadows don’t want light on.
Keep up the great work! 💡🤝
Emotional Contagion —
WE ARE “the average of the five people we spend the most time with.”
~ Jim Rohn
Make adjustments to your sphere of influence so you can limit negative people and increase positive people in your life.
#ChooseKindness
https://t.co/97TCRLhcJI
@BLONDIE808080@BLONDIE808080, we are going to have a blast! I can’t wait to hug your neck! Hard to believe it’s already almost been a year since we where able to meet IRL.❤️