75 sats \ 4 replies \ @Satosora 25 Jul \ on: Mt. Gox Stories BooksAndArticles
Are people getting back their bitcoin or the amount it was worth at that time?
write
preview
41 sats \ 3 replies \ @siggy47 OP 25 Jul
I believe the bitcoin is sent to a person's account on an exchange. Then, the person can take custody or sell it for fiat.
reply
54 sats \ 2 replies \ @Satosora 25 Jul
Interesting. I thought they had a hack, how are they going to cover everyones balance?
reply
41 sats \ 1 reply \ @siggy47 OP 25 Jul
It's a long story. You can start with wikipedia: https://en.wikipedia.org/wiki/Mt._Gox
This book has a good chapter about it:
https://www.amazon.com/Digital-Gold-Bitcoin-Millionaires-Reinvent/dp/006236250X
reply
54 sats \ 0 replies \ @Satosora 25 Jul
Okay, I will give it a look see.
reply