# u

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All the bullish wave in Bitcoin in 2013 from $150 to $1,200 was fake and printed by two robots inside a bankrupt exchange that had already lost half a billion dollars.
The exchange was Mt. Gox.
In 2013, Mt. Gox handled 70% of all Bitcoin trading worldwide. If you bought Bitcoin during that bullish wave, you probably bought it on Mt. Gox.
What no one knew was that Mt. Gox had already been hacked.
In June 2011, hackers stole about 650,000 Bitcoins from the exchange's wallets.
CEO Mark Karpeles didn't tell anyone. He continued operating Mt. Gox for nearly three more years while the exch
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