The largest hacked cryptocurrency exchange will start returning stolen funds

The trustee of the Mt. Gox exchange, Nobuaki Kobayashi, published a guide on how to reimburse users affected by the hack.

Kobayashi asked users to register on a special page and fill out documents with payment details. Moreover, you can choose whether to receive money in one payment or in several transactions.

Applications will start to be reviewed at the end of August and will be processed until the end of the payments. It is not yet clear which will end first — the money in Mt. Gox’s money or the applications for reimbursement on behalf of users.

As a reminder, Mt. Gox lost about 850 thousand BTC, of which 750 thousand belonged to customers. Subsequently, the management announced the «discovery» of 200,000 BTC. It is from these funds that it is planned to compensate users for losses, as the bitcoin rate has grown significantly since then.

Earlier it became known that the former CEO of Mt. Gox CEO Mark Karpeles intends to launch the UNGOX project, which will display information on the rating and security level of cryptocurrency exchanges. It is quite ironic, isn’t it?