Mt. Gox

Mt. Gox is a defunct cryptocurrency exchange that was once the world's largest Bitcoin trading platform. It gained notoriety for a massive security breach in 2014, resulting in the loss of approximately 850,000 Bitcoins, worth hundreds of millions of dollars at the time. The incident highlighted vulnerabilities in cryptocurrency exchanges and led to increased calls for regulation and security improvements in the industry. The collapse of Mt. Gox had a significant impact on the Bitcoin market and remains a cautionary tale about the importance of security in crypto trading.