$2 000 USD

JULY 2013

GLOBAL

MT. GOX

DESCRIPTION OF EVENTS

"Somehow my Mt. Gox account got hacked into."

 

"They withdrew 10 BTC and then 10.88 BTC via IP 180.124.44.20 (China)"

 

"Is there anything I can do??"

 

"[Y]ou should know how btc works, right? there's nothing you can do, I'm sorry."

In July 2013, a Mt. Gox user had their account hacked and lost a small sum. There was no recovery possible.

HOW COULD THIS HAVE BEEN PREVENTED?

The most common threat to accounts is password reuse, or entering the password in a phishing website. Be sure to set unique and secure passwords.

 

Check Our Framework For Safe Secure Exchange Platforms

Sources And Further Reading

 For questions or enquiries, email info@quadrigainitiative.com.

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