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Topic: MtGox announce finding of 200,000 lost BTC! - page 3. (Read 30576 times)

newbie
Activity: 52
Merit: 0
So I was rereading the crisis draft and then suddenly:

"We will need to inject fresh coins inside the system in order to establish a basis to eventually clear the books by running the exchange (perhaps 200,000 coins). " <-- Bam!

Well well well, look at that.


Right there.

In fact, except for PR, the Crisis Strategy plan is being followed almost in full by the bunch of liars. If and when a new administration and team is announced, reopening, together with some kind of "stay here" incentive (like the well known delayed withdrawals), it will be ipsis litteris.

http://pt.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

Lets see the GOAX and / or the goat climbing the mountain ;-)

GOAT HOAX

newbie
Activity: 13
Merit: 0
Inb4 The hackers just go back through their backdoor and steal another 1M+ USD in a week. =.=
sr. member
Activity: 428
Merit: 252
Oops I forgot I had $115 Million dollars in an old wallet.  Really??  Does common sense tell you that one can just forget that large amount.  He should be brought up criminal charges and put away for life in a cell right next to Madoff.
TTM
full member
Activity: 140
Merit: 100
I dont think he will return anyone's money or re-open an exchange. Even if MtGox open their doors again, no one will do business with them again. Mark know that, and he will not return those coins.
hero member
Activity: 545
Merit: 500
So I was rereading the crisis draft and then suddenly:

"We will need to inject fresh coins inside the system in order to establish a basis to eventually clear the books by running the exchange (perhaps 200,000 coins). " <-- Bam!

Well well well, look at that.
legendary
Activity: 980
Merit: 1000
Need a campaign manager? PM me
That fat guy stole it, panicked and is now saying it has been found.
full member
Activity: 196
Merit: 100
so ummm when do we get our BTC back ?
sr. member
Activity: 364
Merit: 257
While he is not in france he can be extradicted anywhere, but someone to ask for this.
legendary
Activity: 849
Merit: 1050
CasinoCoin
Looks like someone realized his scam wouldn't work and quickly "coughed up" the private keys.

My thoughts exactly.


Get ready for a "refund and release" document that you will have to sign to have that 25% back.

Karpeles' lawyers forgot to arrange for Karpeles to resign from Gox Poland's board of directors on time (negative legal consequences - although unrealized yet - already occured for Karpeles under Polish Commercial Code which is applicable to all board of directors of companies registered in Poland). Polish Commercial Code originates from very harsh communist laws. President of Board can be jailed for defruading as little as USD 1k.

Even if criminal lawsuits against Karpeles fail in vanilla jurisdictions (Japan and USA), there is no fucking way he can escape multi-year jail service in Poland, even if he farts out those 25%. Trust me Japanese and American prisons are nice when compared to Polish ones.

 This is great news Poland does not screw around apparently. Glad to be Aus/Pol and a little Italian.
I agree, thanks for the insight. This does me he would have to be extradited to poland tho correct?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Too bad for him that he didn't find them sooner. He could have paid out a few people and kept the scam going for another year or two.
full member
Activity: 214
Merit: 100
Looks like someone realized his scam wouldn't work and quickly "coughed up" the private keys.

My thoughts exactly.


Get ready for a "refund and release" document that you will have to sign to have that 25% back.

Karpeles' lawyers forgot to arrange for Karpeles to resign from Gox Poland's board of directors on time (negative legal consequences - although unrealized yet - already occured for Karpeles under Polish Commercial Code which is applicable to all board of directors of companies registered in Poland). Polish Commercial Code originates from very harsh communist laws. President of Board can be jailed for defruading as little as USD 1k.

Even if criminal lawsuits against Karpeles fail in vanilla jurisdictions (Japan and USA), there is no fucking way he can escape multi-year jail service in Poland, even if he farts out those 25%. Trust me Japanese and American prisons are nice when compared to Polish ones.

 This is great news Poland does not screw around apparently. Glad to be Aus/Pol and a little Italian.
full member
Activity: 209
Merit: 101
FUTURE OF CRYPTO IS HERE!
There are a couple of huge issues that nobody seems to have raised in this thread yet.

1) To be able to surprisingly "find" something you own means that you never really kept any record where you have stored things. Think about this. MtGox stores and has liabilities 950kBTC worth about $1bn and they do not have one single paper that lists all the BTC they have and where they are at the moment of when the paper was written. This situation has gone on for years at least back to june 2011. The lack of this paper means that nobody has never really checked that the BTC they have matches the BTC they owe.

2) What is the motivation of all this? I think there is a huge advantage to MtGox trying to claim that they do not have any paper which lists where their BTC had ever been been stored. MtGox has been in trouble as sure somebody has asked them in court where was the 800kBTC lost from in the February incident and they sure do not want to answer that question. This is their response how they want to avoid answering. They just say that we have no idea where they were as we never had any accounting about the coins where they are. Honest. 200kBTC is small price to pay if this story sticks and somebody can walk away with the other remaining 600kBTC without it being clawed back in the bankruptcy court.
hero member
Activity: 1372
Merit: 783
better everyday ♥
I can't believe how Negligent Karpeles and MTGox are.  200,000 BTC just shows up out of the blue in one of their wallets.

Truly a criminal operation and a stain on all of Bitcoin.
sr. member
Activity: 457
Merit: 250
 Undecided

Wow. I guess I'm glad that most criminals are stupid.
newbie
Activity: 29
Merit: 0
Get ready for a "refund and release" document that you will have to sign to have that 25% back.
Posted from Bitcointa.lk - #Fpp887iUwI8WA2d2

I don't think they can threaten to withhold what they owe on pain of signing a release to write off the rest of the debt. But the court could decide that's all we get.
hero member
Activity: 546
Merit: 500
Carpe Diem
Imagine if they try to say the market price is the price on Mt. Gox and then pay you back dollars and keep the bitcoin and sell it on another exchange for a lot of money?  Wow that would screw the customers.  In fact it could have been why they sat back and watched their price crash, because they wanted it to.
newbie
Activity: 52
Merit: 0
geez mt gox.
 
they can't even go bankrupt properly.

Exactly!!! :-))

The sad and real fact however, is they re just lying. That s why it doesnt work. Lying like a child's plan... but about half a billion $.

They not recalling where 200K were, is like Obama pushing world war button "by mistake". What kind of business it was, for Mt Godx sake?!

Squeeze the fatty motherf*cker until last satoshi comes out.
member
Activity: 65
Merit: 10
Because their scam attempt failed. When we started talking about these potential 200k coins, suddenly they get found.  Roll Eyes

but there are no obvious connections to this adress I thought? Or do you have some serious links?
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
IT should be payed in BTC, not in $.
legendary
Activity: 2674
Merit: 2965
Terminated.
Because their scam attempt failed. When we started talking about these potential 200k coins, suddenly they get found.  Roll Eyes
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