Topic: Gox nonsense - Cold storage to hot wallet "leak" and buying gox.com? (Read 846 times)
February 25, 2014, 09:57:13 AM
Bitcoin exchanges are literally THAT profitable that they want to just start back up just like that. The fact that they had a leak/exploit to their cold storage says that they don't understand the definition of cold storage. It is very sad. It's possible someone on the inside of MtGox was responsible for leaking the cold storage wallets?
February 25, 2014, 09:44:40 AM
Isn't that the point of cold storage so that a problem or compromise with the hot wallet won't destroy the business? Then, there's the rumor that Mt.gox purchased gox.com.... if you just lost 700k bitcoins, would your strategy be to spend six figures on a domain name?!? It sounds like Mark Karpeles is the new Bernie Madoff.
I feel bad for the people who lost their livelihood with Gox and have to watch this unfold.
I feel bad for the people who lost their livelihood with Gox and have to watch this unfold.
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