[BREAKING]: Mt. Gox CEO Goes on Trial in Japan Over Missing Bitcoins

[EthBooksPro]

The hearing is going on at the Tokyo District Court. Some have doubts that this case will go anywhere because of missing laws over virtual currencies. Can't imagine how much the 850,000btc lost in 2014 would be worth today.

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[grermezter]

The hearing is going on at the Tokyo District Court. Some have doubts that this case will go anywhere because of missing laws over virtual currencies. Can't imagine how much the 850,000btc lost in 2014 would be worth today.

I believe that the CEO should be made to refund the BTC to its customers,  when a bank is robbed, the customers don't just lose all their money just because it has been robbed, I heard they were able to recover some of the bitcoins, they should start by refunding those to the customers.

[Pkuwag]

this thing is four years ago, I almost forgot mtgox/

[jekjekman]

The hearing is going on at the Tokyo District Court. Some have doubts that this case will go anywhere because of missing laws over virtual currencies. Can't imagine how much the 850,000btc lost in 2014 would be worth today.

That is almost $2 billion worth bitcoin today and approximately 5% of today's Bitcoin market cap. That is a big amount of money that is stolen but I agree to the fact that this thing will go nowhere but it will help the future of crypto currency because of this bad event that happened 3 years ago will make the minds of the authority to get security more stronger and cyber laws more efficient.