Faded Sign of Infamy: 'Mt. Gox, Where is Our Money?' Hits the Market

Friday 28th of March 2025 09:42:12

Iconic "Where is Our Money?" Sign of Mt. Gox to Go Up for Auction

A piece of cryptocurrency history is set to go under the hammer as the iconic "Where is Our Money?" sign of Mt. Gox, once the world's largest bitcoin exchange, is up for auction.

The sign, which became a symbol of the exchange's collapse and the subsequent loss of millions of dollars' worth of digital assets, is expected to fetch a significant sum when it goes up for bidding on April 25.

The sign, which was displayed prominently at the exchange's Tokyo offices, was created in 2014 as a tongue-in-cheek response to the growing number of complaints from users about the exchange's slow transaction times and lack of customer support.

However, the sign took on a new significance in 2014 when Mt. Gox filed for bankruptcy and went out of business, leaving thousands of users without access to their digital assets.

The auction, which is being held by Japanese auction house, Kadokawa, is expected to draw significant interest from collectors and cryptocurrency enthusiasts.

"We are excited to offer this unique piece of cryptocurrency history to the market," said a spokesperson for Kadokawa. "The sign is not only a symbol of the rise and fall of Mt. Gox, but also a reminder of the early days of the cryptocurrency industry."

The auction is set to take place on April 25, with bids starting at 100,000 yen (approximately $900). The sign is expected to fetch a significantly higher price, with some experts predicting it could sell for as much as 10 million yen (approximately $90,000).

The sale of the sign is a reminder of the significance of Mt. Gox in the history of the cryptocurrency industry. The exchange, which was founded in 2010, was once the largest bitcoin exchange in the world, handling millions of dollars' worth of transactions every day.

However, the exchange's collapse in 2014 led to a significant loss of confidence in the cryptocurrency industry, and it took several years for the industry to recover.

Despite its troubled history, the Mt. Gox sign is expected to be a highly sought-after item, with collectors and enthusiasts eager to own a piece of cryptocurrency history.