Author

Topic: Mt. Gox fiasco stinks to high hell. (Read 990 times)

sr. member
Activity: 364
Merit: 250
American1973
March 12, 2014, 12:56:38 PM
#5
It's not the worst bit of speculation I have heard, and you have to wonder whether Karpeles was coerced in some way. For organised criminals, someone like Karpeles would have been a dream come true. Easy prey!

Organised crime in Japan.

http://en.wikipedia.org/wiki/Yakuza  

Nerdcapture is like queening the enemy's pawn and making him yours.

LIKE ...A SIR!
hero member
Activity: 644
Merit: 500
March 12, 2014, 10:58:49 AM
#4
It's not the worst bit of speculation I have heard, and you have to wonder whether Karpeles was coerced in some way. For organised criminals, someone like Karpeles would have been a dream come true. Easy prey!

Organised crime in Japan.

http://en.wikipedia.org/wiki/Yakuza






 
sr. member
Activity: 364
Merit: 250
American1973
March 12, 2014, 10:34:46 AM
#3
To me, MtGox's total lack of communication and Mark's unchanging dolphin face smirk suggests he is under someone's control.

Hahaha, the dolphins say "We don't know this guy."

But yes, he acts like a captured pawn with big brother watching gonna keep him "safe".  Probably the FBI is waging total war on BTC primarily via SR path which gives them carte blanch to spend 100 years stealing coins and laughing.
sr. member
Activity: 433
Merit: 260
March 12, 2014, 09:43:01 AM
#2
To me, MtGox's total lack of communication and Mark's unchanging dolphin face smirk suggests he is under someone's control.

full member
Activity: 140
Merit: 100
Put your trust in MATH.
March 12, 2014, 07:00:00 AM
#1
The more I think about the Gox collapse, the more rotten it becomes at its core.

Karpeles is just the simp they have pinned this on.

Some entity wanted those coins, and they did what they needed to get them.  Whether that was leverage against people working at Gox, or leverage against the business, I don't know which.  Death threats, a hostage, or someone with direct access to the cold storage are the best guesses.

Transaction malleability my ass.  The more I think about it, the more blatant the lie becomes.  And, continuing to allow transfers in while stopping money flowing out, then shutting down?  That is what I really think gives the whole thing its stinky-ness. 

Money is power, and controlling 6-10% of the TOTAL EVER BTC supply, adds up to a lot of power.  Power that people are willing to do anything to obtain.

The truth will be exposed eventually, but my money is that bodies will start showing up first.  If they haven't already...

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