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Mt. Gox Ex-CEO Wants Bitcoin’s Rules Rewritten To Claw Back $5B In Stolen Coins

Bitcoinist|Christian Encila|February 28, 2026 at 01:00 PM|1 views

🤖AI Summary

Mt. Gox's former CEO is reportedly seeking to rewrite Bitcoin's rules to recover $5 billion in stolen cryptocurrency from the exchange's 2014 collapse. Thousands of victims have waited 12 years for full restitution of their lost Bitcoin holdings.

Key Takeaways

→Mt. Gox's ex-CEO wants to modify Bitcoin's protocol to recover $5 billion in stolen coins from the 2014 exchange collapse.
→Thousands of Bitcoin holders have been waiting 12 years for full recovery of their lost funds.
→The proposal would require fundamental changes to Bitcoin's immutable blockchain rules.
→This represents one of the largest cryptocurrency theft recovery attempts in history.
→The feasibility of rewriting Bitcoin's consensus rules for fund recovery faces significant technical and community resistance.

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#mt-gox #bitcoin #cryptocurrency-theft #blockchain-governance #exchange-collapse #fund-recovery #protocol-changes #regulatory-issues

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