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Topic: MTGOX Statement *NEW MAR 3RD* (Read 9163 times)

hero member
Activity: 616
Merit: 500
I got Satoshi's avatar!
March 06, 2014, 07:06:59 AM
What baffles me more than the loss of BTC is the loss of fiat.

They claim that they have $30 million less than they thought they had, and that they don't know where the money went. This is insane. Just look at the bank statements and add them up. There you see where the money went. Simple as that.
I've postulated that perhaps their fiat deposit script was compromised... that would mean that the money was never there in the first place, so wouldn't show up on the statements as going out and wouldn't be that easy to see. They would need to compare the bank accounts with the gox database to see if all the incoming deposits on the site were actually coming in to the bank and then trace that back to where those fake deposits were coming from and where the bitcoin bought with them went to... my 2 centoshis Wink
sr. member
Activity: 364
Merit: 250
American1973
March 06, 2014, 05:22:39 AM
What do you expect from a bunch of dorks that use to run a Magic the Gathering online trading site rofl lmao magic the gathering so dorky.
I suspect if you've made a considerable number of posts to a cryptocurrency forum then you are as dorky or more dorky than the typical M:tG player. That after all is at least a social game.

I do think I'm pretty dorky for posting here, and I'm okay with that.

nice
full member
Activity: 154
Merit: 100
March 06, 2014, 05:02:12 AM
What do you expect from a bunch of dorks that use to run a Magic the Gathering online trading site rofl lmao magic the gathering so dorky.
I suspect if you've made a considerable number of posts to a cryptocurrency forum then you are as dorky or more dorky than the typical M:tG player. That after all is at least a social game.

I do think I'm pretty dorky for posting here, and I'm okay with that.
full member
Activity: 140
Merit: 100
Don't fear Crypto Exchanges go with honest well kn
March 06, 2014, 01:23:13 AM
What do you expect from a bunch of dorks that use to run a Magic the Gathering online trading site rofl lmao magic the gathering so dorky.
hero member
Activity: 501
Merit: 500
March 06, 2014, 01:19:40 AM
What baffles me more than the loss of BTC is the loss of fiat.

They claim that they have $30 million less than they thought they had, and that they don't know where the money went. This is insane. Just look at the bank statements and add them up. There you see where the money went. Simple as that.
sr. member
Activity: 294
Merit: 250
March 06, 2014, 12:59:34 AM
So... I spoke with their English representative.

I asked if there is anything I need to do to get a Creditor status or do I get it automatically. He said there's nothing I can or need to do, except checking the website for updates. He said they are waiting for the court to release its' decision about how to move forward from here.

I asked if he has an ETA for when that will be released, he said no.

I asked if there is anything I can or need to do at this time and he said no. He said "all I can recommend you to do is check the website from time to time as we will add updates there."


Thank you for saving me a long distance call. I would send a btc tip but well gox. Undecided
full member
Activity: 157
Merit: 100
March 05, 2014, 10:47:46 PM
#99
So... I spoke with their English representative.

I asked if there is anything I need to do to get a Creditor status or do I get it automatically. He said there's nothing I can or need to do, except checking the website for updates. He said they are waiting for the court to release its' decision about how to move forward from here.

I asked if he has an ETA for when that will be released, he said no.

I asked if there is anything I can or need to do at this time and he said no. He said "all I can recommend you to do is check the website from time to time as we will add updates there."
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
March 05, 2014, 05:37:33 PM
#98


Not for one second have I ever refuted the part I played in my loss.




That is good, that is the only way the lesson is learned.  Please don't get me wrong, I have coins in many places to spread risk (even cold storage has risks) and I lost some on Gox, and some on BFL before that, and some on Bitcoinica before that...it stings for sure, I do feel your pain.
full member
Activity: 144
Merit: 100
March 05, 2014, 04:39:12 PM
#97
Given he apparently left France in a hurry, moving to Japan practically over night after his employers accused him of computer fraud, I think there is valid reason to suspect that it's more than incompetence, and that illegal activity on his part here is likely.

Don't make me dig through all my posts to dig up what I said about this very same thing about two years ago. Taxing my memory, I believe I took a lot of heat due to it because at the time Mt Gox was still Bitcoin's favorite son.

Unfortunately, I'll held onto another piece of the puzzle for just as long and same reason that I wish there was somebody else I could trust to release it instead of me.
So why wouldn't you release this "other piece of the puzzle"?
sr. member
Activity: 294
Merit: 250
March 05, 2014, 04:09:51 PM
#96
I just hope one day we all get to know what actually happened.

For me this was a massive loss and I wont lie it has caused many sleepless nights. Every night I just cant stop my mind from trying to workout how I can get back to where I was.

I suppose that's a good thing in a way. Its better than going over and over what might have happened at Mt.Gox.

So many just say "just move on"   "lolz you lost your coins"   "I'm glad". Screw them its just not possible for for some of us to just give up our life savings without a fight.

I do however recognise its also important to not stop living and moving forward in some kind of positive way.

Way I see it every day I spent doing nothing positive over the last 2 weeks was a day everyone else got a little more ahead of me in the bitcoin game.

For me at least its time to drag myself back up and start bouncing back from almost nothing.

FU Mark/Hackers/FBI/who ever and thanks for the lesson.

It is important that you recognize your part in this; YOU chose to leave your life savings in the cloud.

Not for one second have I ever refuted the part I played in my loss.


@OhShei8e   big hugs bro
legendary
Activity: 1792
Merit: 1059
March 05, 2014, 01:55:00 PM
#95
I just hope one day we all get to know what actually happened.

For me this was a massive loss and I wont lie it has caused many sleepless nights. Every night I just cant stop my mind from trying to workout how I can get back to where I was.

I suppose that's a good thing in a way. Its better than going over and over what might have happened at Mt.Gox.

So many just say "just move on"   "lolz you lost your coins"   "I'm glad". Screw them its just not possible for for some of us to just give up our life savings without a fight.

I do however recognise its also important to not stop living and moving forward in some kind of positive way.

Way I see it every day I spent doing nothing positive over the last 2 weeks was a day everyone else got a little more ahead of me in the bitcoin game.

For me at least its time to drag myself back up and start bouncing back from almost nothing.

FU Mark/Hackers/FBI/who ever and thanks for the lesson.

Very sad.  Cry

But you are not alone:

https://bitcointalksearch.org/topic/mailing-list-for-all-victims-of-gox-498851

I can very well empathize with what you're going through now.

I was totally done and still I am.

We thought that we know Mark because he's a nerd. Not one of these pretty and easy boys but a 'good' boy like Jed and others. Mt. Gox was always guided by nerds and it was somehow always there. No matter what happened Gox has survived.

Gox had hardware 2FA and a sensible API when others were still in their infancy.

And now? Gox seems to be the lie of the decade. We have lied to ourselves. We never should have allowed a single man to entrust all coins. This was our biggest mistake.

Nevertheless: Cheer up! Be good to yourself!

If possible we will find a solution.

I will go on vacation soon. After my vacation, you can find me with others on the list. Don't give up!
legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
March 05, 2014, 01:42:07 PM
#94
I just hope one day we all get to know what actually happened.

For me this was a massive loss and I wont lie it has caused many sleepless nights. Every night I just cant stop my mind from trying to workout how I can get back to where I was.

I suppose that's a good thing in a way. Its better than going over and over what might have happened at Mt.Gox.

So many just say "just move on"   "lolz you lost your coins"   "I'm glad". Screw them its just not possible for for some of us to just give up our life savings without a fight.

I do however recognise its also important to not stop living and moving forward in some kind of positive way.

Way I see it every day I spent doing nothing positive over the last 2 weeks was a day everyone else got a little more ahead of me in the bitcoin game.

For me at least its time to drag myself back up and start bouncing back from almost nothing.

FU Mark/Hackers/FBI/who ever and thanks for the lesson.

It is important that you recognize your part in this; YOU chose to leave your life savings in the cloud.
sr. member
Activity: 294
Merit: 250
March 05, 2014, 01:25:14 PM
#93
I just hope one day we all get to know what actually happened.

For me this was a massive loss and I wont lie it has caused many sleepless nights. Every night I just cant stop my mind from trying to workout how I can get back to where I was.

I suppose that's a good thing in a way. Its better than going over and over what might have happened at Mt.Gox.

So many just say "just move on"   "lolz you lost your coins"   "I'm glad". Screw them its just not possible for for some of us to just give up our life savings without a fight.

I do however recognise its also important to not stop living and moving forward in some kind of positive way.

Way I see it every day I spent doing nothing positive over the last 2 weeks was a day everyone else got a little more ahead of me in the bitcoin game.

For me at least its time to drag myself back up and start bouncing back from almost nothing.

FU Mark/Hackers/FBI/who ever and thanks for the lesson.
sr. member
Activity: 476
Merit: 250
March 05, 2014, 12:20:50 PM
#92
Why would mtgox held 100k btc of theirown on the server? That prooves how they never had cold storage or offline paper wallet.
Mark is a lier and fraudster. He wont get away, some people wont let this go away.
member
Activity: 98
Merit: 10
March 05, 2014, 12:10:46 PM
#91

Has Bitstamp chimed in yet if it was Mark or Jeb who did the y 10K coin sell last week?

Bitstamp and BTC-E I hope are working with audit experts to ferret out where the coins are.
legendary
Activity: 849
Merit: 1050
CasinoCoin
March 04, 2014, 03:07:50 PM
#90
Given he apparently left France in a hurry, moving to Japan practically over night after his employers accused him of computer fraud, I think there is valid reason to suspect that it's more than incompetence, and that illegal activity on his part here is likely.

Don't make me dig through all my posts to dig up what I said about this very same thing about two years ago. Taxing my memory, I believe I took a lot of heat due to it because at the time Mt Gox was still Bitcoin's favorite son.

Unfortunately, I'll held onto another piece of the puzzle for just as long and same reason that I wish there was somebody else I could trust to release it instead of me.
You may be praised now if you can dig up the posts tried looking through, but too many pages Tongue
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
March 03, 2014, 09:57:53 PM
#89
Given he apparently left France in a hurry, moving to Japan practically over night after his employers accused him of computer fraud, I think there is valid reason to suspect that it's more than incompetence, and that illegal activity on his part here is likely.

Don't make me dig through all my posts to dig up what I said about this very same thing about two years ago. Taxing my memory, I believe I took a lot of heat due to it because at the time Mt Gox was still Bitcoin's favorite son.

Unfortunately, I'll held onto another piece of the puzzle for just as long and same reason that I wish there was somebody else I could trust to release it instead of me.
full member
Activity: 226
Merit: 100
hero member
Activity: 574
Merit: 500
March 03, 2014, 09:08:20 PM
#87
I stubbed my big toe the other day -- I looked down to see what it was and low and behold, transaction malleability. It's everywhere!

Everyone is ragging on the poor guy but won't give him a chance to prove himself.  He's been handling MTGOX for years now with no problems and now because he has a small issue everybody wants to crucify him.  He looked really heartbroken at the press conference and I belive him when he says he is trying to sort it all out.  I believe the bug in the system is true cause for this and that the powers that be behind the Bitcoin program are not helping any.  Give Mark a break!

STFU  noob

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 03, 2014, 05:47:06 PM
#86
Given he apparently left France in a hurry, moving to Japan practically over night after his employers accused him of computer fraud, I think there is valid reason to suspect that it's more than incompetence, and that illegal activity on his part here is likely.
That's interesting. Do you have any reference for this, even if it's just a reference to a rumour?
Ah, I've seen http://gawker.com/does-mt-goxs-ceo-have-a-secret-history-of-online-payme-1534752110 now - is that the one?

Fuck Gawker comments..


wow
Mark?


    Indeed, during my misspent youth, I made a huge, huge mistake. Enough silliness that I found myself locked into custody and brought temporarily placed in the "mousetrap" (souricière: possibly "n.f. (pol.): 'Baited trap' laid by the forces of law-and-order."). This was followed by an investigation of more than a year, which eventually ended in a trial.

    I will not give too much detail about what I did wrong, just say it concerns payment systems on the Internet. I spent two years taking risks becoming larger, perhaps because it was an exciting side … whatever, I ended up getting arrested (in rather bizarre circumstances, noting that when I was arrested, I was just in a police station to file a complaint for something else). Anyway, I was released four days later and placed under "judicial review". Basically I did not have the right to leave France and I had to go regularly to the courthouse to speak to someone who was going to see if I lived in "the right way".

    ...

    In the end, the trial was not concluded too bad for me (3 months suspended sentence disappearing after 5 years, and nothing in the criminal record).

A Google translate for the blog post returns the same story, albeit in less smooth English.
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