Mt. Gox a name synonymous with crypto exchanges and the trouble that comes along with them, is once again back in the crypto news. The website https://www.goxdox.com/ has released court documents, that show the “Tokyo Whale”, real name Nobuaki Kobayashi, has been dumping Bitcoin recovered from Mt. Gox on the Japanese crypto exchange Bitpoint, to pay back Mt. Gox creditors. The dumpening took place between December 2017 and June 2018. During this time Bitcoin and altcoins took massive hits, as the selling pressure forced prices down. Today, we will go through a short history of what happened, examine the bank documents from the Tokyo courts, and speculate if Kobayashi could continue dumping, because another suit is hitting Mt. Gox, from Coinlab for 16 billion dollars!
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⏰ Time Stamps ⏰
00:08 Introduction: Big Bitcoin News From Mt. Gox!
00:54 The History of The Mt. Gox Hack and Debacle
03:50 Nobuaki Kobayashi Has Been Dumping Bitcoin
04:16 Kobayashi Says He Is Not Dumping The Bitcoin On Exchanges
04:55 https://www.goxdox.com/ Reveals Kobayashi’s Bank Account
05:53 Analyzing The Bank Account
06:17 What Happened To The Price Of Bitcoin During The Dumpening?
07:09 Kobayashi Lied To The Public and Bitcoin Community
07:22 Kobayashi Has More Bitcoin He Can Dump Too!
07:37 Coinlab Is Suing Mt. Gox For $16 Billion Dollars
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