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."
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