Mt. Gox, once the world’s leading Bitcoin (BTC) exchange, suffered a cataclysmic downfall in 2014 after a massive hack led to the loss of hundreds of thousands of Bitcoin.
In particular, the Mt. Gox hacker slowly siphoned out around 650,000 BTC from the crypto exchange for three years. Many of these Bitcoins were supposedly laundered on BTC-e, founded in July 2011 by Alexander Vinnik and Aleksandr Bilyuchenko. Both were convicted of crimes related to the hack.
Notably, forensic analyses estimate that the Mt. Gox hacker still holds 79,957 BTC, currently worth $3.18 billion.
Mt. Gox hacker estimated balance and net worth. Source: Arkham Intelligence
This puts the criminal among the 1,000 richest people in the world, according to Forbes billionaires. The Mt. Gox hacker has a net worth comparable to well-known public figures like the legendary basketball player Michael Jordan.
Michael Jordan’s net worth in 2024. Source: Forbes
The Mt. Gox hack
In June 2011, hackers targeted Mt. Gox,
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