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Topic: MtGox announce finding of 200,000 lost BTC! - page 8. (Read 30576 times)

hero member
Activity: 742
Merit: 500
I suppose this is more evidence of mind-boggling incompetence at Mt. Gox. Imagine a bank (or any other company) just "losing" a quarter of their assets for a couple years.

Audits are a pain, but they are our friend.

This is exactly why regulation is a good thing.  It's funny how so much of the community wants everything to be completely free and unregulated until something goes wrong, then straight to the cops and the courts!  Can't have it both ways people.

...or you use exchanges that were not having huge red-flag problems for years!  (Without even going for "proof of holdings" or whatever people are discussing these days on that).

It is unethical to force regulation on all users simply due to the risk takers that chose MtGox.

legendary
Activity: 1176
Merit: 1001
Get ready for a "refund and release" document that you will have to sign to have that 25% back.
Posted from Bitcointa.lk - #Fpp887iUwI8WA2d2
hero member
Activity: 672
Merit: 500
I suppose this is more evidence of mind-boggling incompetence at Mt. Gox. Imagine a bank (or any other company) just "losing" a quarter of their assets for a couple years.

Audits are a pain, but they are our friend.

This is exactly why regulation is a good thing.  It's funny how so much of the community wants everything to be completely free and unregulated until something goes wrong, then straight to the cops and the courts!  Can't have it both ways people.
legendary
Activity: 1708
Merit: 1036
I suppose this is more evidence of mind-boggling incompetence at Mt. Gox. Imagine a bank (or any other company) just "losing" a quarter of their assets for a couple years.

Audits are a pain, but they are our friend.
newbie
Activity: 12
Merit: 0
Wow ! Great news!)) Does it mean that they are going to return it back to the clients?
hero member
Activity: 854
Merit: 1000
This is going to make things interesting.  How was it "discovered" and how will they distribute the coins back to the owners?  With their database hacked, how will they be able to allow legit people to login and retrieve their accounts and assure everyone that it's not just hackers logging into the database?  That's assuming the courts allow a percentage distribution to the depositors.  And legal fees will eat up a lot of these coins!  Mtgox just keeps on Goxxing......


Translated version
http://translate.google.com/translate?sl=ja&tl=en&u=http%3A//headlines.yahoo.co.jp/hl%3Fa%3D20140321-00000038-yom-sci
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Looks like someone realized his scam wouldn't work and quickly "coughed up" the private keys.
legendary
Activity: 812
Merit: 1000
http://www.reddit.com/r/Bitcoin/comments/1za9sf/found_at_least_150k_btc_of_mt_goxs_stolen_coins/

there is another 150k coins to "find" also,  meaning 350k total so far
hero member
Activity: 1372
Merit: 783
better everyday ♥
Is that cause for the recent price dip, or is it the Blockchain.info issues?

I'm still unclear what caused the decline the last couple of days.
legendary
Activity: 3178
Merit: 1348
Lawyers for MtGox have announced that they've found 200,000 of the lost BTC!!!
Was it a heist, or just some lost private keys?

Link: http://headlines.yahoo.co.jp/hl?a=20140321-00000038-yom-sci

Official MtGox announcement:

https://www.mtgox.com/img/pdf/20140320-btc-announce.pdf
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