The Price for Crypto’s Recovery: A New Narrative

The Price for Crypto’s Recovery: A New Narrative


After the February 2014 collapse of the Tokyo-based bitcoin exchange, the conventional wisdom was that its creditors, most of them retail users of the online trading platform, would be left with a pittance. Some 750,000 of customers’ bitcoins were missing, a pool that was then worth around $473 million and continuing to fall as the bitcoin market was contracting.

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