Dad just texted me said he bought his first crypto.
I immediately made a pumpfun and sent it to just him. Soon as he bought i rugged it.
Lesson one, welcome to the trenches buddy.
Will $BTC dump once people receive their funds? 👀🤷🏼♂️
Mt. Gox was a CEX based in Japan, one of the largest at its time (2010-14).
They suffered several hacks that led to their closure and blocked all their clients' funds.
In total, 850,000 $BTC was lost by Mt. Gox.
A few years ago, they found 200,000 $BTC in an old wallet format.
The Japanese court decided to redistribute 140,000 $BTC to the affected clients.
The distribution was initially scheduled for October 2023, then postponed to October 2024, and recently moved up to July 2024.