Mt.Gox (2011)
This cryptocurrency exchange was founded in 2007 as a platform for trading collectible cards for Magic The Gathering, but in 2010 it became a platform for trading bitcoin.
In 2011, hackers gained access to the computer of the Mt.Gox auditor and, through the exchange's software, lowered the price of bitcoin to 1 cent and created hundreds of thousands of sell orders at any price. As a result, 850,000 bitcoins were stolen (about 7% of the total number of mined bitcoins at that time), resulting in a loss of $8,750,000.
Although about 200,000 bitcoins were recovered after the incident, and the exchange introduced USB keys with keys for crypto wallets, it did not help it stay afloat. In 2014, Mt.Gox was liquidated by its own petition to the Tokyo court.
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