This is how much you would have now if you bought $100 worth of bitcoin when Mt. Gox collapsed – Bitcoin (BTC/USD)

Cryptocurrency exchanges are back in focus after the bankruptcy of Sam Bankman Fried Founded FTX.

It is estimated that at least $1 billion in customer funds have evaporated from the now-collapsed exchange, CNN reported.

However, not too long ago, the notion of “cryptoverse” was dominated by the collapse of another exchange – Mount Gox.

As 2011 the Mark Karpeles-led mountain. Gox collapsed, 850,000 Bitcoin BTC/USDwhich are now worth nearly $14.63 billion were stolen.

Nearly 137,000 BTC worth nearly $3 billion are set to be released back into cryptocurrency markets to compensate investors who lost their money in 2011.

Also see: 11 Best Cryptocurrency Brokers in December 2022

The investment: Mt. Gox suspended trading on February 24, 2014. If an investor had put $100 into the Apex cryptocurrency on the same day BTC hit a bottom of $538.70, that’s how much they would have today. At the time of writing, BTC was seen at 17,229.11.

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investment	Date of purchase/listing	total amount of the purchase	purchase price	Units/Shares Received	worth now	Percent Change
Bitcoin (BTC)	February 24, 2014	$100	$538.70	0.186	$3198.28	3098.28%

The investor would be looking forward to a whopping 3,098.28% return on their investment and the $100 would have become $3,198.28 at the time of writing.

Continue reading: Happy Birthday Dogecoin! $100 invested in meme crypto now is worth that much if it hits levels from a year ago

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