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Bitcoin crash on mtgox exchange ( timelapse ) April 10 2013(music by Klute - Buy More Now!)Mt. Gox halted withdrawals on 7 February due to insolvency after an apparently undetected theft that had been occurring since The company said it. One of the strangest stories in crypto still isn't over. Mt. Gox went bankrupt in after losing track of more than Bitcoins. The collapse of Mt. Gox, the first Bitcoin exchange, was one of the first defining moments in crypto history. It brought a lot of pain, but also.