The handwritten sign used during the Mt. Gox incident is up for public auction, with a starting price of 4.5 BTC

2025-03-28 20:01:54
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ChainCatcher news, according to CoinDesk, on a cold morning in February 2014, Kolin Burges stood outside the Mt. Gox office in Tokyo, holding a handwritten cardboard sign, demanding an explanation from the exchange's CEO Mark Karpeles for his missing bitcoins.

Eleven years later, this iconic sign, which became a symbol of the first major financial scandal in cryptocurrency, is being auctioned at Scare.City, with a starting price of 4.5 BTC (approximately $383,000). The auction will start this Friday and end on April 3.

Burges stated in an interview, "At the time, I never thought it would become valuable. I had thought maybe one day I would write a book, but the sign itself never seemed that important. It's hard to imagine things would develop to this extent."

Burges had flown to Tokyo from London after withdrawals were mysteriously frozen at Mt. Gox.

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