1 definition by wordjumper
verb. passive. Waking up and realizing your financial speculation just went south...and you should have known better. The origin is the general belief that the bitcoin exchange Mt. Gox knew for a long time that they were insolvent yet continued to take customer money to cover up their malfeasance.
"I sent money to a guy on Craig's List for a case of motor oil. He is nowhere to be found. I think I got goxxed."
by wordjumper February 26, 2014