According to the source, former Mt. Gox CEO Mark Karpeles reportedly ran the exchange’s 2011 codebase through Claude AI, which labeled it critically insecure, highlighting material security debt in the pre-collapse stack. source: social media post dated 2025-10-27 For traders, Mt. Gox headlines and on-chain movements have repeatedly coincided with spikes in BTC intraday volatility during 2024 repayment updates, making headline risk and wallet flow tracking critical. source: public BTC futures and spot data from CME and major exchanges around Mt. Gox trustee distribution notices in 2024 Maintain a watchlist of tagged Mt. Gox wallets, exchange inflows, order book depth, and perpetual funding into Asia and US sessions to gauge potential sell pressure or liquidity gaps. source: blockchain explorer tags for Mt. Gox-associated addresses and exchange derivatives metrics from major venues Context remains essential as Mt. Gox halted operations and entered court proceedings in 2014 after reporting large BTC losses, with creditor repayments proceeding under Tokyo District Court civil rehabilitation. source: Tokyo District Court records and Mt. Gox Civil Rehabilitation Trustee notices