DAY 1 of 100: Investigating Crypto Hacks & Cybersecurity Breaches 🚨 Thread (1/10)🧵 The Mt. Gox Bitcoin Saga: The Full Story from Day 1 to Today What started as a Magic: The Gathering trading site in 2006 turned into the world’s largest Bitcoin exchange and then collapsed

Mt. Gox just transferred 166.5 $BTC($15.05M) again, probably to #Bitgo

Follow along for 100 days of real-world crypto hacks & cybersecurity breakdowns. Follow @3DSharlock

Security Lessons from Day 1 ✅ Cold storage is essential. Hot wallets should NEVER hold large sums. ✅ Private keys must be secured. Mt. Gox lost everything due to a leaked wallet.dat file. ✅ Even Bitcoin is traceable. Blockchain forensics can expose stolen funds—even years

Thread (10/10) 🧵 2024-2025 – BILLIONS IN BTC ARE MOVING AGAIN After 10 years, creditors are finally getting repaid! May 2024: 141,000 BTC ($9.6B) moved July 2024: 47,229 BTC ($2.71B) transferred Nov 2024: 32,871 BTC ($2.2B) sent Feb 2025: 67,500 BTC ($3.9B) moved March 6,

Thread (9/10)🧵 Legal Fallout & Lawsuits 2015: Mark Karpelès arrested in Japan. Charges: Data falsification & embezzlement. 2019 Verdict: Guilty of record-tampering Not guilty of embezzlement Punishment: 2.5 years in prison, suspended sentence—he never went to jail.

Thread (8/10) 🧵 Where Did the Bitcoin Go? March 2014: 200,000 BTC “found” in an old cold wallet—reducing the net loss to 650,000 BTC. 2017: Blockchain analysis traced over 300,000 BTC to BTC-e, a shady Russian exchange. 2017: Alexander Vinnik (BTC-e operator) arrested for

Thread (7/10)🧵 February 2014 – The Collapse Begins Feb 7, 2014: Customers couldn’t withdraw BTC—Mt. Gox suspended all withdrawals, blaming “technical issues.” Feb 17, 2014: CEO Mark Karpelès reassured customers: “We should be able to resume withdrawals soon.” Feb 20, 2014:

Thread (6/10) 🧵 The 2013 Warning Signs March 2013: A transaction log bug caused a 23% crash in BTC price. April 2013: Mt. Gox suspended trading—causing a 50% crash. May 2013: A $75M lawsuit + U.S. Department of Homeland Security (DHS) warrant led to seized bank accounts. June

Thread (5/10)🧵 The Silent Theft: 2011–2013 In late 2011, hackers stole Mt. Gox’s private keys—due to an unencrypted wallet.dat file. From September 2011 to 2013, the hacker slowly siphoned BTC from Mt. Gox’s hot wallets. By mid-2013, over 630,000 BTC had been drained but

Thread (4/10)🧵 The First Major Hack in 2011 June 2011: Attackers compromise an Mt. Gox auditor’s computer and gain admin access. 25,000 BTC stolen ($400K at the time, ~$7B today). The attacker manipulated the exchange price, causing Bitcoin to plummet from $17 to

Thread (3/10)🧵 The Rapid Rise of Mt. Gox Mark Karpelès takes over (2011) and immediately doubles trading volume to ~20,000 transactions per day. Bitcoin was trading at just $1. By 2013, Mt. Gox handled over 70% of all BTC trading worldwide—making it the most dominant

Thread (2/10)🧵 Mt. Gox: From Trading Cards to Bitcoin Exchange. 2006: @JedMcCaleb (yes, the guy who later co-founded Ripple & Stellar) launched Mt. Gox as a site to trade Magic: The Gathering Online cards. 2007: The site shut down after a few months, and McCaleb moved on.

Who is fucking ready for ascension day? @BlocksmithLabs Which path are you gonna take? Choose wisely…

I’m finally join @BlocksmithLabs 🦾 i feel the energy⚡️

Expedition 3 is completed ⛏️ $1M mined and deposited directly into the Elixir app to help fuel the pools. This is just the beginning. Feels like it's time to start brewing some nectars...

BREAKING: @BlocksmithLabs BROKE INTO @coinfeeds_ai'S TOP 5 PROJECT TWITTER SENTIMENT DAILY RANKINGS

(2/5) Elixir is the ecosystem designed to be the base layer of liquidity needed by the community. Layer 0 › Governance › 10K drop + community $OVO dist. Layer 1 › Liquidity › NFT passive income Layer 2 › Trading › AMM marketplace Layer 3 › Apps › Borrow, short + more

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Phase Two commencing. You might want to throw 🔮🦉 in your name.