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CRYPTO 101

Ep. 209 - Mt. GOX: Investigating the Facts

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 20 February 2019

⏱️ 30 minutes

🧾️ Download transcript

Summary

** this is not financial or legal advice*** Mt. GOX lost approximately 850,000 bitcoins in the biggest and most costly hack in crypto history. One of those people who lost their bitcoin in the hack was Kim Nilsson. After the hack, Kim took it upon himself to research all aspects of the Mt. GOX hack, making himself one of the leading authorities on the facts behind the case. Listen to Kim Nilsson tell us the facts behind Mt. GOX and the recent efforts of Brock Pierce to bring back the exchange. Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: https://www.youtube.com/watch?v=YljaBr9RAAk ♫Music By♫ ●Marcus D - Son Of The Moon ●Song - https://youtu.be/YljaBr9RAAk ●Follow Marcus D - https://www.bassrebels.co.uk/MarcusD https://www.youtube.com/watch?v=SCsK3UImgCg
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Transcript

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0:00.0

Yo, yo, welcome to Crypto 101. The Average Consumers Guide to Cryptocurrency. This is Matthew

0:04.7

Aaron, and this is part two of the Gox saga. In our first part, we had on Mr. Brock Pierce

0:11.0

to talk about his plan to revive Mount Gox in an episode called Gox Rising. Brock feels that

0:16.9

Mount Gox is a stain on the crypto space. Also, he wants to compensate the victims of Mount

0:22.3

Gox's hack and make sure all the money gets returned to them. However, there's a lot of critics

0:26.6

in the crypto space that says that his focus on Mount Cox and his ambitions to revive it are a little

0:33.7

less than genuine. One of those people who have been investigating Mount Gox since the beginning since the hack 2014 is Mr. Kim Nielsen. Kim was a customer

0:43.2

of Mount Gawks and ever since the hack has painstakingly kept up with all of the information,

0:48.6

wrote blogs, and kept us all informed. Kim's on the show today to talk about some of the things

0:53.2

that was said on the Brock Pierce episode. tell us the story from a fact-based perspective and also touch on some of the

1:00.5

claims of ownership of Mount Gawks. But before we get into that conversation, wherever you're

1:05.1

listening to this podcast, make sure you're subscribed, leave us a rating and a comment. It helps us

1:09.2

stay visible. Also, think about becoming a

1:11.5

patron. Patrons. Thank you very much for supporting the show over the past 19 months. Also,

1:16.6

a special thank you to Keeps for sponsoring this episode. And like always, this is not financial advice,

1:21.9

trading advice, legal advice, or personal advice. Now without further ado, part two of the Gok saga. We'll see you after the show.

1:34.6

Kim Nilsen, investigator of the Mount Gox story and former Mount Gox customer. Welcome to Crypto

1:40.4

101, sir. Thank you. Nice to be here. Kim, before we go into the Mount Gok's story

1:44.7

and the years of research that you have conducted about the losses, the revival, and the different

1:50.4

players' positions in this story. Let's learn a little bit about yourself. I'm basically a normal

1:56.0

software engineer. I live in Japan now. I moved here 10 years ago. I code by day, and a couple of years ago, I developed a hobby of Montcoc's investigation tricks.

2:07.4

Basically, as you started out saying, I was a customer at Montaux when Montaux went down, lost money there, got really, really annoyed, and figured that, you know what, I don't think the police are necessarily

...

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