A Group of Mt. Gox Creditors Want to Revive the Exchange and Repay All Bitcoin (BTC)

The Mt. Gox exchange went under after a series of hacks and lawsuits in 2013 and 2014. These events led to the loss of approximately 850,000 Bitcoin (BTC). Since then, users who had their investments locked up at the exchange have been trying to get their funds back.

A group of Mt. Gox creditors has thus banded together to create a knew movement known as ‘GoxRising’. The movement is registered in the British Virgin Islands under Gox Rising Limited and aims to support creditors of the Mt. Gox estate by attempting to maximize their recoveries. The movement also has a goal of reviving the exchange and create additional economic benefits for participating creditors. The final goal is to achieve a fully recovering of what was lost.

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