Monday 18 February 2019

What Bitcoin Did #75 Jed McCaleb on the Creation of Mt. Gox

https://ift.tt/eA8V8J

'œA big part of the reason I handed it off to Mark is that the amount of effort that you need to put into security is something I didn't want to do.' '" Jed McCaleb

Interview location: San Francisco

Interview date: Wednesday 30th Jan, 2019

Company: Stellar

Role: Cofounder

In February 2014 Mt. Gox suspended trading and filed for bankruptcy after approximately 850,000 Bitcoins were stolen, at the time, valued at more than $450m. At the time of its demise, it was being run by Mark Karpelƒs who had acquired the site from Jed McCaleb in 2011.

In this interview, I talk to Jed about the creation of Mt. Gox, the handover to Mark Karpelƒs and what responsibility he shares for its collapse.

This episode is also on:

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via The Let's Talk Bitcoin Network https://letstalkbitcoin.com/blog/post/what-bitcoin-did-75-jed-mccaleb-on-the-creation-of-mt-gox

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