Topic: MtGox wallets with thousands of BTC inside (Read 641 times)
This thread deserved a bump just for the sake of asking whether there were any updates to anything the authorities might have discovered recently about MtGox and those missing millions of USD$ ?
There are a few things to remember here.
1. The Mt Gox robbery was not committed in a day or two. It started sometime during 2011 and went on for at least two years. By the time it was detected (by early 2014), the thieves had stolen at least BTC650,000. According to the FBI, most of these coins were laundered using BTC-e.
2. The initial estimate of loss was BTC850,000. However, BTC200,000 were recovered from "forgotten" wallets within the next few days.
So if you ask me, I believe that there may be some more "forgotten" wallets holding the original coins from Mt Gox. But the big question is whether these coins can be recovered or not.
1. The Mt Gox robbery was not committed in a day or two. It started sometime during 2011 and went on for at least two years. By the time it was detected (by early 2014), the thieves had stolen at least BTC650,000. According to the FBI, most of these coins were laundered using BTC-e.
2. The initial estimate of loss was BTC850,000. However, BTC200,000 were recovered from "forgotten" wallets within the next few days.
So if you ask me, I believe that there may be some more "forgotten" wallets holding the original coins from Mt Gox. But the big question is whether these coins can be recovered or not.
But as listed in the OP, the following MtGox wallets have funds in them so who is controlling them? They should be used to cover investor losses but the funds just sit there...
https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7
https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu
https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD
There are a few things to remember here.
1. The Mt Gox robbery was not committed in a day or two. It started sometime during 2011 and went on for at least two years. By the time it was detected (by early 2014), the thieves had stolen at least BTC650,000. According to the FBI, most of these coins were laundered using BTC-e.
2. The initial estimate of loss was BTC850,000. However, BTC200,000 were recovered from "forgotten" wallets within the next few days.
So if you ask me, I believe that there may be some more "forgotten" wallets holding the original coins from Mt Gox. But the big question is whether these coins can be recovered or not.
1. The Mt Gox robbery was not committed in a day or two. It started sometime during 2011 and went on for at least two years. By the time it was detected (by early 2014), the thieves had stolen at least BTC650,000. According to the FBI, most of these coins were laundered using BTC-e.
2. The initial estimate of loss was BTC850,000. However, BTC200,000 were recovered from "forgotten" wallets within the next few days.
So if you ask me, I believe that there may be some more "forgotten" wallets holding the original coins from Mt Gox. But the big question is whether these coins can be recovered or not.
Did anything ever happen to those wallets belonging to MtGox?
Any news about who is in control of their private keys?
Any news about who is in control of their private keys?
They scammed people and now they selling to lower price and bring more people down all that while being Rich, where is karma ? Where is justice ?
How can they be selling they have been shut down and their assets confiscated? The wallets seem to be in the control of some person/people other than the law enforcers because the Bitcoin balances are still there. Had the wallets been in control of the law enforcers then they would have sold the Bitcoins to recover losses and partially re-imburse investors.
They scammed people and now they selling to lower price and bring more people down all that while being Rich, where is karma ? Where is justice ?
Therefore, in general, the crypto currency market will completely collapse, when bitcoin will again discount.
Why do you say that?
Therefore, in general, the crypto currency market will completely collapse, when bitcoin will again discount.
Yeah, I have read an article about it. It said that the leader of this exchange was involved in great scam(he has a lot of problems now). And somebody mentioned about movement in the wallets.
It's quite interesting thought, that after scamming there is no owner of the wallets, but I don't believe in that.
It's quite interesting thought, that after scamming there is no owner of the wallets, but I don't believe in that.
How is that possible. Someone must have the keys to those wallets, there are millions upon millions in Bitcoin there.
The government in charge of this did a complete disaster a job handling this situation. Like you said, they should have just given the coins back to the owners in a 1:1 ratio, but what they did is hire some guy to dump the coins in exchanges to pay the owners of the coins in fiat, and in the price that they were at when the crash happened! unbelievable.
It looks like they finally were struck with some sanity and not (correct me if im wrong please) apparently creditors will receive the rest of the coins in a BTC transaction? That's what I heard last time, that they were going to stop selling finally.
It looks like they finally were struck with some sanity and not (correct me if im wrong please) apparently creditors will receive the rest of the coins in a BTC transaction? That's what I heard last time, that they were going to stop selling finally.
Yeah, I have read an article about it. It said that the leader of this exchange was involved in great scam(he has a lot of problems now). And somebody mentioned about movement in the wallets.
It's quite interesting thought, that after scamming there is no owner of the wallets, but I don't believe in that.
It's quite interesting thought, that after scamming there is no owner of the wallets, but I don't believe in that.
What is MtGox and how do you know it has a lot of money in it?
Long story... (bing.com)
What is MtGox and how do you know it has a lot of money in it?
I hope MtGox will just send the btc back to the owners and not sell them. Everytime they sell, it hurts the market pretty bad. They were offered to not sell it in exchanges so that the market wont be affected but still they continued dumping their coins in huge batches. I think they're gonna continue dumping as soon as btc recovers from the huge fall so they can get a better price for the btc.
MtGox is finished, it was involved in a huge scam and has been stripped of its assets. Just the wallets associated with MtGox are up for questioning because nobody is stating who is controlling them.
I hope MtGox will just send the btc back to the owners and not sell them. Everytime they sell, it hurts the market pretty bad. They were offered to not sell it in exchanges so that the market wont be affected but still they continued dumping their coins in huge batches. I think they're gonna continue dumping as soon as btc recovers from the huge fall so they can get a better price for the btc.
If they belong to MT GOX than the MT GOX trustee has access to those Bitcoins. If you don't know than they are being auctioned off slowly on exchanges for some time now. And its likely that the markets entered the bear phase due to that selling pressure. There are still thousands of bitcoins with the MT GOX trustee.
Well if the Trustees sell when the price is high then it makes sense but BTC hit $20,000 recently yet the MtGox wallets remain untouched?
Who are the Trustees?
If they belong to MT GOX than the MT GOX trustee has access to those Bitcoins. If you don't know than they are being auctioned off slowly on exchanges for some time now. And its likely that the markets entered the bear phase due to that selling pressure. There are still thousands of bitcoins with the MT GOX trustee.
Mt Gox Trustee: We have good news and bad news. The good news is that we sold off all the bitcoins at the best exchange rate as possible, putting the fiat in a bank. The bad news is that the secret Asian bank was robbed.
If they belong to MT GOX than the MT GOX trustee has access to those Bitcoins. If you don't know than they are being auctioned off slowly on exchanges for some time now. And its likely that the markets entered the bear phase due to that selling pressure. There are still thousands of bitcoins with the MT GOX trustee.
Wow! Now those are some very nice looking wallets. I doubt they can confiscate those Bitcoins if they don't have access to the wallets. The only way they can confiscate it would be by getting the passwords / private keys from the people controlling those wallets. I just need 1% of the Bitcoins in those wallets. Would be set for life 
Who do you think has control of those MtGox wallets?
1% of those wallets would make many people set for life
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