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This article was published on March 21, 2014


Mt. Gox finds $115 million of ‘lost’ Bitcoin, but is still missing 650,000 BTCs

Mt. Gox finds $115 million of ‘lost’ Bitcoin, but is still missing 650,000 BTCs


Jon Russell
Story by

Jon Russell

Jon Russell was Asia Editor for The Next Web from 2011 to 2014. Originally from the UK, he lives in Bangkok, Thailand. You can find him on T Jon Russell was Asia Editor for The Next Web from 2011 to 2014. Originally from the UK, he lives in Bangkok, Thailand. You can find him on Twitter, Angel List, LinkedIn.

bitcoin-cropMt. Gox, the fallen Bitcoin exchange, has chanced upon a significant discovery after it found 200,000 ‘lost’ Bitcoin (worth around $115 million on today’s rates) in an unused account, Endgaget reports.

The Tokyo-based company has misplaced around 850,000 Bitcoins, owned by both its customers and the company itself. The exchange is investigating the discovery, which gives some cause for optimism from those who had given up all hope of getting their stash back.

Mt.Gox began allowing users to check their balances last week, a positive turn after rumors of its struggles came true when it imploded and disappeared offline last month. Things are still definitely less than rosy for the company however, it filed for bankruptcy last week.

➤ Mt. Gox announcement | via Engadget

 Image via antana / Flickr