Crypto billionaire Brock Pierce is all set to revive the controversial Mt. Gox exchange. Through his “Gox Rising” project, Pierce is seeking to ensure that victims of the Mt. Gox hack are paid a fair share of what has become more than a billion in assets. Noted crypto billionaire Brock Pierce has stated his intentions of reviving the infamous Mt. Gox exchange. Mt. Gox got the world’s attention in 2014 when hackers were able to rob more than $473 Million worth of Bitcoin from the exchange. The hack happened mainly because of lackadaisical management from owner Max Karpeles. To gain ownership of Mt Gox, Pierce called up Karpeles and purchased his 88% stake in exchange for 1 BTC through an entity called Sunlot. He bought the other 12% from Stellar/Ripple co-founder Jed McCaleb for another 1 BTC. His immediate goal is to use a legal process called “Civil Rehabilitation Plan” to ensure that victims of the Mt. Gox hack are paid a fair share of what has become more than a billion in assets. This rehabilitation plan is called the “Gox Rising” project. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin: Not enough room on the upside FX Street 4 years Crypto billionaire Brock Pierce is all set to revive the controversial Mt. Gox exchange. Through his "Gox Rising" project, Pierce is seeking to ensure that victims of the Mt. Gox hack are paid a fair share of what has become more than a billion in assets. Noted crypto billionaire Brock Pierce has stated his intentions of reviving the infamous Mt. Gox exchange. Mt. Gox got the world's attention in 2014 when hackers were able to rob more than $473 Million worth of Bitcoin from the exchange. The hack happened mainly because of lackadaisical management from owner Max Karpeles. To… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
