Organisation
organisation:mt_gox
Also: Gox, mtgox.com
Bitcoin exchange founded in 2010 that became the dominant exchange before shutting down and filing for bankruptcy in 2014.
Bitcoin exchange founded in 2010 that became the dominant exchange before shutting down and filing for bankruptcy in 2014.
“used it to start the first Bitcoin exchange called Mt. Gox in July 2010”
“Mt. Gox suddenly, without warning, halted all withdrawals from its site”
| Direction | Predicate | Other entity | Origin | EP |
|---|---|---|---|---|
| outgoing | DEVELOPED_BY | Jed McCaleb | Explicit | 9 |
| outgoing | USES | Liberty Reserve | Explicit | 9 |
| outgoing | USES | Mt. Gox hot wallet | Explicit | 9 |
| outgoing | USES | Mt. Gox cold wallet | Explicit | 9 |
| outgoing | ASSOCIATED_WITH | CoinLab | Explicit | 9 |
| incoming | MEMBER_OF | Jed McCaleb | Uncertain | 9 |
| incoming | MEMBER_OF | Mark Karpelès | Explicit | 9 |
| incoming | INVOLVES | Mt. Gox shutdown and bankruptcy | Explicit | 9 |
| incoming | ASSOCIATED_WITH | Alex Vinnik | Uncertain | 9 |
Mt. Gox DEVELOPED_BY Jed McCaleb
Jed McCaleb reused the mtgox.com domain to start Mt. Gox and personally created the site from scratch.
Explicit Confidence 99% · Jack Rhysider EP 9 Details
“Jed McCaleb took an interest in Bitcoin and he had an old domain lying around called mtgox.com”
“He was a web developer and personally created the site from scratch.”
Jed McCaleb MEMBER_OF Mt. Gox
Jed was likely the person running Mt. Gox at the time, though Jack presents this as likely rather than certain.
Uncertain Confidence 82% · Jack Rhysider EP 9 Details
“Which was likely ran by a single person at the time, Jed McCaleb.”
Mt. Gox USES Liberty Reserve
Mt. Gox used Liberty Reserve to transfer money between users through a service tied to its back end.
Explicit Confidence 99% · Jack Rhysider EP 9 Details
“Liberty Reserve was a company Mt. Gox used to transfer money from one person to another.”
Mt. Gox USES Mt. Gox hot wallet
Mt. Gox used a hot wallet on its servers for daily operational trades.
Explicit Confidence 99% · Jack Rhysider EP 9 Details
“The hot wallet is a Bitcoin wallet Mt. Gox used to conduct daily operational trades.”
Mt. Gox USES Mt. Gox cold wallet
Mt. Gox kept some Bitcoin in an offline cold wallet in a safer location.
Explicit Confidence 96% · Jack Rhysider EP 9 Details
“This differs from a cold wallet, which was not stored on the Mt. Gox servers but in another location in a much safer place.”
Mark Karpelès MEMBER_OF Mt. Gox
Mark Karpelès took over ownership and ran Mt. Gox from Tokyo.
Explicit Confidence 99% · Jack Rhysider EP 9 Details
“Mark Karpelès is now running Mt. Gox from Tokyo, Japan. All ownership is now transferred to him”
Mt. Gox ASSOCIATED_WITH CoinLab
Mt. Gox agreed to use CoinLab to handle North American transactions, but the arrangement later resulted in a breach-of-contract lawsuit.
Explicit Confidence 99% · Jack Rhysider EP 9 Details
“Mt. Gox wanted to expand into the US so it agreed to use a company called CoinLab to handle all North American transactions.”
Mt. Gox shutdown and bankruptcy INVOLVES Mt. Gox
The incident is the shutdown and bankruptcy of Mt. Gox after the exchange halted withdrawals and closed.
Explicit Confidence 99% · Jack Rhysider EP 9 Details
“a few weeks later Mt. Gox, the largest Bitcoin exchange on the market, shut down entirely.”
Alex Vinnik ASSOCIATED_WITH Mt. Gox
Evidence showed Alex Vinnik had some Bitcoins stolen from Mt. Gox, but Jack explicitly cautions that this does not establish that Vinnik stole them; he was accused of laundering them.
Uncertain Confidence 97% · Jack Rhysider EP 9 Details
“evidence shows that he had some of the Bitcoins that were stolen from Mt. Gox. However, just because he had them doesn’t mean he stole them.”