Topic: 2013-08-19 GigaOM : Feds seized $2.9M in Bitcoin funds from Mt. Gox (Read 1671 times)
it too shall come to pass
August 19, 2013, 10:36:30 PM
Having nearly 3 million seized definately put a crimp in their business. This had to be one of the reasons they put a 2 week freeze on withdrawals. Im sure it also stalled their other projects like upgading the web infrastucture and delays for implementing litecoin.
yup and now a lot of people are scared to use them
August 19, 2013, 10:19:19 PM
Having nearly 3 million seized definately put a crimp in their business. This had to be one of the reasons they put a 2 week freeze on withdrawals. Im sure it also stalled their other projects like upgading the web infrastucture and delays for implementing litecoin.
August 19, 2013, 09:26:14 PM
by that amount I think they purposefully didn't keep much in there; doesn't sound that bad 
August 19, 2013, 09:09:27 PM
Well, not so much money at the end of the day.
Seriously? Back of the napkin calculations tell me that this is a huge blow to Gox!
they used to make more than that in a month. big blow but not that big
August 19, 2013, 09:06:36 PM
Well, not so much money at the end of the day.
Seriously? Back of the napkin calculations tell me that this is a huge blow to Gox!
Considering the volume they handled during the bubble it could have been much worse.
August 19, 2013, 07:28:12 PM
Well, not so much money at the end of the day.
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