Accidentally Threw away Bitcoin Coins
This the story of James Howells the man of threw away the Bitcoin.
Imagine threwing away the 127,000,000 dollars that exactly what this man did.
When bitcoin nearly worthless James was ahead of the curve by mining 75,000 of it, he even keep the hard drive when selling his laptop just in case the bitcoin raise in value but his mistakes was his massive clumsiness.
Because he accidentally threw that hard drive doing some routine cleaning.
How is possible Bitcoin will grow so fast? That many people don't believe on Bitcoin because it's a scam for them but they don't know the Blockchain is the biggest business of all time, cryptocurrency is the best of the world.
The Mt. Gox Story
This is the story of Mt.Gox the most infamous exchanging crypto history.
Mark Karpeles was 25 years old, when he took Mt.Gox in 2011.
Once the world's largest bitcoin exchange by trading volume, Mt. Gox was breached in February 2014, which resulted in an initial loss of 850,000 bitcoin, worth over $400 million at the time, some of which was later found. According to the complaint, the plaintiffs allege that safety issues already existed at Mt.(link)
Bitcoin was just $1 and Karpeles exchange it to himself. 2013 Mt.Gox handling 70% of Bitcoin trade as just the price $1200.
Between 2011-2013 hackers stole 650,000 Bitcoin without Karpeles noticing, Karpeles finally notices in 2014 after an auto reveal 850,000 Bitcoin deposit, couples months later he found 200,000 missing Bitcoin in a lost cloud wallet, but he is still filed bankruptcy.
Under japanese bankruptcy lock Karpeles has only repay the US dollar equivalent of the Bitcoin at the time of the hack which is only a few hundred million dollars.
Karpeles gets the rest, which makes him the most richest people in the world on paper.
No doubt that this exchanging cryptocurrency platform is been hacked by hackers to steal money to other people. They don't think that people working hard to get money to their daily expenses. We just need to secure our password and give a strong password so that our virtual wallet will not be hack easily.
Mt. Gox recover the loss Bitcoin wallet about 200,000 Bitcoin Coins this is so huge money if this will loss forever and not be recover. Just to make sure if you are a trader make a strong password so that hackers cannot steal your money.
~jardeliza12