🤯 Bro, Let Me Tell You How 850,000 $BTC Got Lost and People Lost Their Life Savings

Bro, I still remember hearing about Mt. Gox for the first time. Back then, it was the biggest Bitcoin exchange, handling over 70% of all $BTC trades. Everyone trusted it, including me.

Then came 2014, and out of nowhere… 850,000 Bitcoins just disappeared. I can’t even imagine how people felt losing their life savings overnight. Some had invested everything they had in Bitcoin, dreaming of the future, and suddenly it was all gone. Honestly, it made me feel a mix of shock and sadness for everyone affected.

Mark Karpelès, the founder, first blamed hackers. Later we found out there was poor security, mismanagement, and even fraud. He got convicted in Japan for fraud and data manipulation, served 8 months, and now he’s back running a new crypto exchange.

This story hit me hard. It’s not just numbers—it’s real people losing their hard-earned money. It taught me something important: never blindly trust an exchange, always keep your coins safe, and remember that crypto can be thrilling but risky.