The Biggest Crypto Heist Ever: The $50B Bitcoin Mystery

850,000 Bitcoins vanished overnight. What really went down at Mt. Gox? In 2014, Mt. Gox was handling over 70 % of all Bitcoin transactions before its dramatic collapse. In this video, we walk through how Mt. Gox transformed from a Magic: The Gathering card-trading site into the world’s biggest Bitcoin exchange, and how it all unraveled, leading to 850,000 BTC disappearing into thin air. Featuring exclusive insights from investigative journalist Jake Adelstein, the Tokyo-based crime reporter and author of Tokyo Vice, who covered the Mt. Gox case firsthand. Jake shares behind-the-scenes details from his interviews with Mark Karpeles, interactions with Japanese law enforcement, and the global chase that followed the missing Bitcoin. We go deep: first-hand testimonies, forensic blockchain evidence, Mark Karpeles’ defense, the role of Alexander Vinnik, legal twists across Japan and the U.S., and what it all means for crypto security today. 🔍 What You’ll Learn: • Mt. Gox’s evolution and early vulnerabilities • How internal mismanagement and technical flaws enabled long-term exploits • The tangled criminal and legal aftermath • Lessons for modern crypto: custody, auditing, transparency 👤 Guest: Jake Adelstein, investigative journalist, crime expert, and author of Tokyo Vice, sharing exclusive insights into the Mt. Gox collapse and its long-term impact on the crypto industry. 🔔 Subscribe for more crypto mysteries, deep dives, and untold stories. 💬 Comment below: Do you believe Mark Karpeles was innocent or complicit? ——— ⏱ Timestamps / Chapters 0:00 – Intro – The Vanishing of 850,000 BTC 0:40 – The Mt. Gox Origins (Magic Cards to Crypto Empire) 2:30 – Mark Karpeles and the Rise of Bitcoin’s Biggest Exchange 5:00 – The Cracks Appear – Early Warning Signs 7:15 – The Collapse & Bankruptcy in Tokyo 9:00 – Jake Adelstein on Japanese Police and Yakuza Parallels 11:00 – Alexander Vinnik and the BTC-e Connection 13:30 – Cold Wallet in a Sofa – 200,000 BTC Recovered 15:00 – Trump’s Pardon & The Russian Connection 17:00 – Aftermath – How Victims Got Repaid 18:30 – Lessons for Modern Crypto Security 19:30 – Closing Thoughts & Next Episode Teaser ——— #MtGox #BitcoinHistory #CryptoHack #BlockchainMystery #CryptoSecurity #JakeAdelstein #BTC ------------------------------------------------------------ BeInCrypto, Your Gateway to Blockchain & Beyond 🚀 BeInCrypto is among the Top 3 global crypto media platforms, delivering daily crypto news, updates, reviews, podcasts, shorts, memes, and analysis. With a team of 150+ people across 60+ countries, we publish in 25+ languages to make blockchain, Bitcoin, altcoins, and Web3 accessible to everyone worldwide. Our mission is to empower your Web3 journey, whether you’re a beginner exploring crypto or an expert seeking reliable insights. We share transparent, trustworthy, and accurate information to help you navigate the future of blockchain, digital assets, NFTs, and DeFi. 🌍 Why Follow BeInCrypto? 🔝 Trusted by 11M+ monthly readers 🌐 25+ languages, 4M+ new users every month 📊 News, Rankings, Learn, Bonus Hunter, Learn-to-Earn, Newsletters & Web3 Jobs 💡 A global team passionate about blockchain education & innovation We are more than a news platform – we build tools and products to help you explore opportunities in Web3 with confidence. 👉 Stay tuned for crypto podcasts, trending shorts, reviews, memes, Bitcoin & Ethereum price updates, altcoin analysis, and Web3 industry insights right here on our channel! 🔗 Explore BeInCrypto 🌐 Website: https://beincrypto.com/ 📰 News: https://beincrypto.com/type/news/ 📊 Rankings: https://beincrypto.com/price/ 📚 Learn: https://beincrypto.com/type/learn/ ------------------------------------------------------------ 📲 Follow Us on Socials 🐦 X (Twitter): https://x.com/beincrypto 📸 Instagram: https://www.instagram.com/beincrypto 📢 Telegram: https://t.me/beincrypto 🎥 TikTok: http://tiktok.com/@beincrypto 💼 LinkedIn: din.com/company/beincrypto @Beincrypto ✅ Subscribe to BeInCrypto and join millions worldwide learning, exploring, and building in Web3. 🚨 Disclaimer 🚨 Although BeInCrypto aims to inform and educate readers worldwide, it is important to remember that investing in cryptocurrency is risky. Neither this video nor its authors should be held responsible for any investment decisions, and nothing published here should be considered financial advice. We always urge our readers/viewers to do their own research and never invest more than they can afford to lose.