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Topic: mtgox criminal investigation? (Read 5313 times)

hero member
Activity: 574
Merit: 500
July 25, 2014, 10:39:12 PM
#33
Regarding the bitcoins that were sold to Mtgox, you just have to wait for the japanese court to handle them and then all of the USD that was owed to you will come without much more delay.

Or at least that's what they're hoping for.
I have read rumors that MtGox may decide they will pay out their creditors in bitcoin for those that are owed bitcoin.
full member
Activity: 183
Merit: 100
July 24, 2014, 11:24:57 AM
#32
interested to know this but in real they of course anonymous way and i think will really hard to get some from them to know the thief . or maybe the thief in other country and maybe thats manipulation to . or maybe the owner act like get hack and he moved they money in other place .
this never  will be do.
if they lost the bitcoin from malleability then the coins were not lost to one attacker but rather many if their customers some of whom did nothing wrong
sr. member
Activity: 1512
Merit: 326
July 24, 2014, 02:24:01 AM
#31
interested to know this but in real they of course anonymous way and i think will really hard to get some from them to know the thief . or maybe the thief in other country and maybe thats manipulation to . or maybe the owner act like get hack and he moved they money in other place .
this never  will be do.
member
Activity: 78
Merit: 10
July 19, 2014, 01:09:47 AM
#30
I've said this once before, but one day Mark Karpeles is going to be the star of his own episode of "American Greed."  His rise and fall is exactly the type of story that is always on that show.
This would be very appropriate for that show.

He is also very incompetent and doesnt have any clue as to how to run a business.   
member
Activity: 84
Merit: 10
July 18, 2014, 11:48:23 PM
#29
Regarding the bitcoins that were sold to Mtgox, you just have to wait for the japanese court to handle them and then all of the USD that was owed to you will come without much more delay.

Or at least that's what they're hoping for.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
July 18, 2014, 12:20:38 PM
#28

I'd bet that there are some pretty sore and angry people out there that are just waiting to see what happens with the whole fiasco, and that are willing to mete out street justice.

I don't think he has more than a couple years of life left in him.

Quite honestly, I'm a bit surprised that he's still walking around. I guess that there's quite a bit that I don't know, because it all just doesn't make sense to me.

There's a few large-scale scammers with known identities. Every single one seems to be above ground and unharmed.
copper member
Activity: 1380
Merit: 504
THINK IT, BUILD IT, PLAY IT! --- XAYA
July 16, 2014, 10:07:27 AM
#27
What's the bet the fat fuck gets charged with ebezzlement?

Quote
What's the bet the fat fuck gets charged with ebezzlement lives?

FTFY

I'd bet that there are some pretty sore and angry people out there that are just waiting to see what happens with the whole fiasco, and that are willing to mete out street justice.

I don't think he has more than a couple years of life left in him.

Quite honestly, I'm a bit surprised that he's still walking around. I guess that there's quite a bit that I don't know, because it all just doesn't make sense to me.
full member
Activity: 238
Merit: 100
July 14, 2014, 03:12:56 PM
#26
Quote
"While it's hard to pinpoint where the growing attacks against Japan are coming from, security companies agree that most of the servers used by hackers are in China and that viruses are often written using Chinese-language operating systems. The hackers may just be using the servers, and groups from more than one country are involved, Mr Nishimoto said.

The attacks leveled at Japan are on the same scale as those that prompted the US to accuse China of state-backed industrial espionage, Mr Nishimoto said. The US government indicted five Chinese military officials in May for allegedly stealing trade secrets from American companies. China has denied the accusations."
http://www.smh.com.au/it-pro/security-it/japan-rushes-to-thwart-cyber-onslaught-20140714-zt6ru.html

This article seems to imply that Mt. Gox could have been a victim of industrial espionage.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
July 14, 2014, 01:48:48 AM
#25
I've said this once before, but one day Mark Karpeles is going to be the star of his own episode of "American Greed."  His rise and fall is exactly the type of story that is always on that show.
sr. member
Activity: 266
Merit: 250
July 13, 2014, 01:57:05 PM
#24
Does anyone have any kind of proof that a police investigation is actually being conducted in Japan?
I believe I have seen some news reports that Gox has referred the "theft" of the coins to the police to investigate and that they will cooperate.

Now if the investigation will have any kind of teeth, that is another question.
member
Activity: 68
Merit: 10
July 12, 2014, 03:55:53 AM
#23
**** am I ever fortunate I got into Bitcoins before I had a chance to be duped by Gox.
Seems like half the Bitcoiners have been screwed by this pathetic organization.  Maddening.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
July 12, 2014, 01:37:04 AM
#22
Does anyone have any kind of proof that a police investigation is actually being conducted in Japan?

There was some well-sourced press coverage a while back to the effect that they were. But I don't think there's anything in the public domain to tell us how hard they're trying, whether they've given up, or what theories they been working on, ie whether they're just writing up the official Gox claim about a theft or whether they're coming down hard on Karpeles etc.
I would doubt that the police have the technological capacity to even know where to begin when investigating this type of potential crime.
sr. member
Activity: 352
Merit: 250
https://www.realitykeys.com
July 01, 2014, 06:14:37 AM
#21
Does anyone have any kind of proof that a police investigation is actually being conducted in Japan?

There was some well-sourced press coverage a while back to the effect that they were. But I don't think there's anything in the public domain to tell us how hard they're trying, whether they've given up, or what theories they been working on, ie whether they're just writing up the official Gox claim about a theft or whether they're coming down hard on Karpeles etc.
sr. member
Activity: 274
Merit: 250
July 01, 2014, 02:27:53 AM
#20
Does anyone have any kind of proof that a police investigation is actually being conducted in Japan?
legendary
Activity: 3766
Merit: 1217
April 21, 2014, 06:31:45 AM
#19
One of the people said that for some of this time in early 2014, the CEO sat in his office watching anime or episodes of "Breaking Bad," and complained he was gaining weight."[/i]

Hmmm... some shameless people still want to defend Mark Kerpeles. I lost count of the threads created here to support him. Anyway... I've heard that the Japanese justice system is quite efficient and quick. May be it will be a good thing to try Karpeles in Japan instead of the US. I fear that if the is sent to the US, he may be able to circumvent justice using his money power.
hero member
Activity: 583
Merit: 500
April 21, 2014, 01:32:35 AM
#18
If not straight out theft then at least criminal negligence. Looking forward to the results of the investigation.
legendary
Activity: 1204
Merit: 1002
April 21, 2014, 01:29:46 AM
#17
The Wall Street Journal has an article today. Behind their paywall, though.

"By January, dozens of angry customers were calling Mt. Gox's offices in Tokyo each day. Employees not used to dealing directly with customers tried to pass the phones off to each other, according to people familiar with Mt. Gox.

One of the people said that for some of this time in early 2014, the CEO sat in his office watching anime or episodes of "Breaking Bad," and complained he was gaining weight."


Former Mt. Gox employees are talking to the press. Karpeles can't do a thing to them now, but the Tokyo cops can.
legendary
Activity: 1204
Merit: 1002
April 21, 2014, 01:17:48 AM
#16
Not to mention that it's probably the biggest theft in recent recorded history! Half a billion dollars!
The main reason that the Tokyo cops didn't get involved earlier was that nobody was filing complaints. Remember all those shills telling users to be patient with Gox's delays in payment? (Reread "Mt Gox Withdrawal Delays starting from last April.) It looks like nobody sued Gox or reported them to any regulatory agency before the bankruptcy.

We're seeing action now. Gox asked for "civil rehabilitation", which usually takes about two weeks to get and would leave Karpeles in charge with payments stalled. But the Tokyo court didn't fall for that.  They send in a supervisor to check up on Gox. After six weeks, the supervisor reports back to the court, and the court fires Karpeles and calls in the cops to investigate.

With Karpeles fired, the remaining employees now report to the provisional administrator, and soon to the court-appointed trustee. They will be telling the investigators all the dirt on Karpeles and Mt. Gox to avoid being prosecuted themselves. The administrator is bringing in outside technical experts and auditors. The cash and Bitcoins went somewhere. With full access to bank records and Mt. Gox records, they'll soon know where.

Reuters has been digging up more info. They just interviewed Karpeles' mommy. Quotes:

"He didn't go to university. He failed badly in his second-last year of high school and decided to quit. I told him that if he was going to do that he should become a plumber, so he got an electrician's diploma. Then one day, I saw him walking around with a huge book, called "PHP". He told me he had become a doctor in PHP," a computer programming language.
...
"(Mark's) communication at a personal level is catastrophic. It's always been difficult to get him to speak. We tried to get him to be more extrovert ... Sometimes I wonder whether it's not some kind of trauma linked to my mother. I had the same problem when I was younger."
...
"I don't understand (the fraud accusations). I would never say it's unthinkable, but Mark is my son, and my job as a mother is to do what I can for my son. That said, if genuinely there was dishonesty, I will not cover for him."
...
Asked about Karpeles' own admission in a 2006 blog post that he had two computer fraud-related convictions before he was 21, she said: "No, no, I don't think there was ever any conviction. I don't know. There are maybe things he hid from me."
member
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Hello World!!!
April 21, 2014, 12:44:03 AM
#15
Not to mention that it's probably the biggest theft in recent recorded history! Half a billion dollars!
legendary
Activity: 1204
Merit: 1002
April 21, 2014, 12:33:04 AM
#14
About the pending payments? So you are going to make a complaint to the Japanese police? It will be of no use + you will have to bear the expenses for travelling to Japan and securing the visa.
If you're in the US, you can report it to the US SEC, and copy the Tokyo Metropolitan Police. The more people who do this, the more attention the case will get.
legendary
Activity: 1022
Merit: 1001
April 20, 2014, 11:15:24 PM
#13
What's the bet the fat fuck gets charged with ebezzlement?
legendary
Activity: 3766
Merit: 1217
April 20, 2014, 11:09:42 PM
#12
what do you think will happen if we report it to the police? Nothing will change...

About the pending payments? So you are going to make a complaint to the Japanese police? It will be of no use + you will have to bear the expenses for travelling to Japan and securing the visa.
member
Activity: 64
Merit: 10
April 20, 2014, 12:37:01 PM
#11
what do you think will happen if we report it to the police? Nothing will change...
legendary
Activity: 3766
Merit: 1217
April 20, 2014, 03:24:33 AM
#10
Angry

I just heard about the law suit case: Greene v. MtGox Inc, U.S. District Court, Northern District of Illinois, No. 14-01437
http://arstechnica.com/tech-policy/2014/02/illinois-man-files-class-action-lawsuit-against-bitcoin-exchange-mtgox/

I am wondering how to join the case..... I sold all the coins for USD on MtGox earlier and requested cash transaction around a month before MtGox collapsed. but none of the transactions happened, and according to their reply mail, the funds were "perfectly safe, just need a bit of time to do the wire transfer".

no idea if it makes any difference for USD cash funds from Bitcoins. Huh

As far as I know, all their assets have been frozen by the Japanese court. That includes the coins and the fiat reserves. But if the cash is with some bank (or with some intermediate service), then I think you'll receive it without much delay.
newbie
Activity: 1
Merit: 0
April 18, 2014, 04:05:31 AM
#9
 Angry

I just heard about the law suit case: Greene v. MtGox Inc, U.S. District Court, Northern District of Illinois, No. 14-01437
http://arstechnica.com/tech-policy/2014/02/illinois-man-files-class-action-lawsuit-against-bitcoin-exchange-mtgox/

I am wondering how to join the case..... I sold all the coins for USD on MtGox earlier and requested cash transaction around a month before MtGox collapsed. but none of the transactions happened, and according to their reply mail, the funds were "perfectly safe, just need a bit of time to do the wire transfer".

no idea if it makes any difference for USD cash funds from Bitcoins. Huh



sr. member
Activity: 352
Merit: 250
https://www.realitykeys.com
April 17, 2014, 06:47:12 PM
#8
A source close to the investigation

The Japanese was "捜査関係者", literally "someone connected with the investigation". It's the standard way the Japanese media report off-the-record briefing.
member
Activity: 82
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April 17, 2014, 09:08:53 AM
#7
A source close to the investigation
member
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April 17, 2014, 08:44:18 AM
#6
I bet they have them.
sr. member
Activity: 352
Merit: 250
https://www.realitykeys.com
April 17, 2014, 02:51:45 AM
#5
While mtgox/Mark doesn't talk much and IIRC just said the coins are "lost" or "temporarily unavailable" it is widely assumed that they have been stolen by hackers or embezzled. AFAIK there's just legal actions going on concerning mtgox' bankruptcy (protection). Why no criminal investigation and search for the coins? If there is a bank robbery or even a house burglary the police come and investigate. Why not with mtgox where insane amounts of value was lost? Did we just forget to report it to the police? Why don't we report it and they confiscate the servers and investigate, as they would in a case of child pornography ... instead of risking that  Mark or the hackers (if they still have access) wipe any traces.

I know some Tokyo residents have complained to the police, and there is a police investigation going on, separately from the bankruptcy proceeding.

From today's newspaper (Sankei Shinbun):
http://headlines.yahoo.co.jp/hl?a=20140417-00000505-san-soci

My translation (Warning - IANATranslator):
Quote
The bitcoin exchange Mt Gox has had its application for rehabilitation denied by the Tokyo District Court and seems likely to file for bankruptcy, but the police continue their investigation, both by analyzing data provided by the company and by gathering evidence from users who are claiming losses. However, they have not yet formed a full picture of what occurred.

In the data they presented to the police after their application for rehabilitation, Mt Gox said that their bitcoins were stolen through a system problem. The police are gathering evidence from Mark Karpeles and continue to analyse data.

A source close to the investigation said, "If this theft happened it may be a classifiable as a computer fraud, like theft of electronic money", but says that they have not yet confirmed that the theft really happened.

The investigation source claims Mt Gox did not even talk to them about losses amounting to 2,800,000,000‎ yen in cash, and says, "Not to have reported this is astonishing. I wonder if it was really stolen."
hero member
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Time is on our side, yes it is!
April 17, 2014, 01:40:08 AM
#4
A very well put and valid question if you ask me.  This type of thing can't just be left to work it self out people need to put the pressure of these epic fudge ups and make them pay. 
hero member
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April 13, 2014, 04:03:43 PM
#3
I bet they have them.
member
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April 13, 2014, 02:21:01 AM
#2
its ****it Sad
newbie
Activity: 21
Merit: 0
April 09, 2014, 06:40:33 PM
#1
Hi!

While mtgox/Mark doesn't talk much and IIRC just said the coins are "lost" or "temporarily unavailable" it is widely assumed that they have been stolen by hackers or embezzled. AFAIK there's just legal actions going on concerning mtgox' bankruptcy (protection). Why no criminal investigation and search for the coins? If there is a bank robbery or even a house burglary the police come and investigate. Why not with mtgox where insane amounts of value was lost? Did we just forget to report it to the police? Why don't we report it and they confiscate the servers and investigate, as they would in a case of child pornography ... instead of risking that  Mark or the hackers (if they still have access) wipe any traces.

Bernhard
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