Bitcoin (BTC) Prices Drop to Near $62,000 as Mt. Gox Set to Begin BTC, Bitcoin Cash Repayments

Mt. Gox was once the world’s top crypto exchange, handling over 70% of all bitcoin transactions in its early years. In early 2014, hackers attacked the exchange, resulting in the loss of an estimated 740,000 bitcoin ($15 billion at current prices). The hack was the biggest of the many attacks on the exchange in the years 2010-13.