Topic: MtGox should be arrested - page 2. (Read 10639 times)

I'd like to see this statement verified by a journalist. Better yet, several journalists. Hopefully the NPR Planet Money folks are still doing their research on their Bitcoin episode and get a chance to contact Mt.Gox and/or whatever authorities that MtGox might have filed with to verify whether or not there is actually a criminal report filed.

Not that I don't believe MtGox's statements. But I have become very wary of bitcoin after learning that a lot of HYIP's follow the pump & dump pattern, and mysteriously get "hacked" or have their funds "stolen" and are never heard from again. I read about that maybe 2-3 days before this weekend's crash and had already become somewhat suspicious of certain public personae of Bitcoin, and MtGox.

Not saying that those people have done anything shady, just saying that upon learning about that HYIP fraud pattern, one naturally  wants to plug the bitcoin players into the pattern to see how much of those fraud patterns might be in place with Bitcoin. So I just plugged in a few players. Think who is out there publicizing bitcoin, but also doing it in a way that almost 100% focuses on how much Bitcoin WILL be worth in the future. That element of the equation definitely exists here. And now we have these hacks and crashes. It's still too early to tell if the scenario is playing out, but this weekend it certainly became a much more realistic possibility.

Responded to that one pretty quick now didn't you

Less than ~3 minutes.

WHERE IS THE POLICE REPORT?

It would take only a couple minutes to scan a police report, and upload it somewhere public.  I don't think it is asking too much for those couple of minutes to be spent in this way.  It's not an either/or situation.  They can provide documentation of their claims, as well as fix the problems.  In fact, I would expect that their programmers would continue fixing the problems, while their non-programmers do the scanning.  

MtGox has said that criminal proceedings are underway.  Why is it asking too much for them to prove that to be true?

wow talk about nerd rage....

Would you be so kind as to translate this -- say, into English?  I don't understand 90% of what you just said -- I feel like I came in to the middle of a conversation.

Thank you,

Matthew

Or they could, you know, work on fixing the problems, reopening accounts, and restoring people's money, instead of answering self-aggrandizing troll posts. Let them work and give them time. Sheesh.

Yep.

Where is the evidence?

MtGox?

last I heard he was trying to set up a legion and maybe had some guys with mutant powers being recruited

If they truly want to stay in business, then they certainly must understand that their customers expect verification of their claims.  A photocopy of a police report would be a wonderful start.  Otherwise, I expect them to lose a tremendous number of their customer base (and, therefore, holdings) shortly after they re-open.

How about we wait for mtgox to reopen before we start throwing all this shit around? If they truly want to stay in business, then lying to the bitcoin community is one of the last things they would want to do.

If fraud was committed, it's irrelevant.  Fraud was committed.  Legal proceedings should proceed and parties should be judged as so.

So basically by your analysis it's irrelevant whether or not MtGox stole money, because users decided to sign up?  

Actually, many accounts could be hacked not just the ones with so week passwords it would seem.

Anyway, the problem is also what with people that bought normally say @14 or @12 - they are also being rolled back it seems?

That was probably the worst move of MtGox and Britcoin. You don't go to the LE, LE comes to you.
You hire lawyers, not fill job applications for weasel.
What was that idea all about?

"Hello dear Feds, I'm M'Tux, had watch too many movies and my dream is to become a weasel. Drop by anytime for an open database party."?!

I'm pretty sure you step on too many toes with that idea. Don't know if all this mess is related, but might well be.
Really got me astonished when I saw it on the news.

Don't we wish!

1.  I do not trust the police.
2.  Nobody forced anyone to use MtGox!  The issue here is the one between MtGox and the hacker...

Maybe you should go: "Oh I was really stupid. I used a fucking weak password, and I put all my money in one place, I must be a genius!"

First, that was a really stupid thing to do; to give out our privileged account information to outsiders, to be spread across the internet.

Second, to expose the Bitcoin community to the authority of the state.

Third, I call Royal Bullshit on you, MagicalTux: Name the jurisdiction and venue, or it didn't happen.

Stop.  Stop now.

Let the law decide what is or isn't.  Not you.  Not me.  Not MtGox.

4 Days until MtGox is open?  Are you serious?

HAHAHA. 

Idiots.

If the bitcoins were in fact stolen, then you had no legal expectation of keeping them no matter what price you bought them at.  In fact, you're lucky you are getting a roll-back rather than losing your investment completely.  If a cop found you in possession of a stolen vehicle that you got off of E-Bay, it won't matter that you paid for it.  They'll take it from you and give it back to the rightful owner.  It would then be your responsibility to go after the person who sold it to you.

Having said that, we have no way to validate the official story as it stands.  I do not necessarily trust or distrust MtGox.  But they need to provide confirmation of their own statements of fact.  If the police are involved, then a case number should be provided.  Perhaps a scanned copy of a police report?  I'd have much more trust in MtGox if I knew the owner has reported this to the police, if for no other reason than the fact that filing a false police report is typically a felony.

You are evil.