Gox ICO? CEO Karpeles Floats Token Sale to Revive Bitcoin Exchange

in bitcoin •  7 years ago 

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image source:https://media.coindesk.com
A Mt Gox initial coin offering (ICO)? It's not unthinkable, according to the defunct bitcoin exchange's controversial CEO.

In a blog post published yesterday, Mark Karpeles detailed possible avenues for reviving Mt Gox, the once-dominant Japanese bitcoin exchange that collapsed amid allegations of fraud and mismanagement in early 2014. Hundreds of millions of dollars worth of bitcoin – at then-current prices – were feared lost, though ultimately 202,000 BTC were retained as assets, under the custody of a trustee.
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