Coincidence or Conspiracy? A Comparison of Mt. Gox and Bitfinex

Coincidence or Conspiracy? A Comparison of Mt. Gox and Bitfinex

One of the biggest problems facing Bitcoin is people’s lack of trust. Despite the security of the blockchain, many continue to believe that Bitcoin is unsafe, attracting criminals and breeding fraud. Gox and Bitfinex: Coincidence, or Signs of Conspiracy? The recent Bitfinex hack has done little to change this attitude. In fact, when one looks at the attack, it’s easy to notice similarities between these events and the circumstances surrounding Mt. Gox, the largest bitcoin theft in history (Bitfinex stands as the second largest). This stirs up an eerie feeling, to say the least, and a big....


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