Posted on 03/09/2014 9:34:34 PM PDT by BenLurkin
Tokyo-based Bitcoin exchange Mt. Gox lost $400 million worth of bitcoins in February. Its management said the amount was stolen after hackers exploited a transaction bug to divert the funds, but some of Mt. Gox's users are not so sure, suggesting instead that the exchange's owners pocketed the cash. Now, facing silence from those owners about the fate of the money and the methods by which 6 percent of all of the Bitcoin in the world could have been stolen, a group of hackers claims it has broken into the bankrupted Bitcoin exchange's network to get answers.
(Excerpt) Read more at theverge.com ...
was reading about this earlier from a similar article.
Mt. Gox Hackers Claim to Release Transaction Details, CEOs Personal Data
http://www.freerepublic.com/focus/f-bloggers/3131419/posts
It would appear that Mark Karpeles may have a lot more explaining to do.
why would anybody trust this place?
The leaked documents do not show what the hackers claim they show.
The document shows that Mt. Gox accounting system records around 950K bitcoins, which the hackers highlight as a proof of Karpeles’s ‘lies’. Except that the documents are entirely consistent with Karpeles’s claims that Mt Gox suddenly realized it did not own the bitcoins it thought it did [records say 950M, but we only have 200k].
I believe Karpeles is and has been lying about the incident, but the accounting records show only what Mt Gox should have had, not what they actually had/have nor what happened.
This just proves that “hackers” can be as unknowledgable about bitcoin as anyone else.
Never believed it for a minute.
So now thiefs stoled something that doesn’t exist except in cyberspace???? I just have a very difficult time understanding bitcoins.
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