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Topic: The Gox Plan - page 2. (Read 27995 times)

hero member
Activity: 490
Merit: 500
February 25, 2014, 04:07:56 AM
#1
Sources:

http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

The blacked out part is apparently revealed here:
https://i.imgur.com/7EjktvK.png

And Gox.com domain sold:
http://www.domaininvesting.com/andy-booth-sells-gox-com/
http://www.booth.com/gox.php

whois gox.com:
Quote
Update Date: 2014-02-24 17:29:44
Creation Date: 1997-10-09 23:00:00

More info:
http://www.wired.com/wiredenterprise/2014/02/bitcoins-mt-gox-implodes/

So the leaked pdf was true?

Does anyone really buy this from the leaked pdf:

Quote
At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years.
 The cold storage has been wiped out due to a leak in the hot wallet

Here you can see what kind of effort MtGox went to to avoid paying out to vulnerabilities affecting MtGox:
http://webcache.googleusercontent.com/search?q=cache:h8lkk1TeFLQJ:https://www.mtgox.com/report-security-issue+&cd=1&hl=no&ct=clnk&gl=no

With this amount of attention to detail regarding being able to get a vulnerability bounty from MtGox, does it make sense that they had no control whatsoever about their btc stack? Clearly at least once a year, they would check how much they owed customers in terms of btc and usd (and other currencies) and how much they had in storage?

Here MtGox countersues Coinlab: http://www.coindesk.com/mt-gox-countersues-bitcoin-incubator-coinlab-5-5m/

So clearly MtGox had some sort of overview as to the amount of funds they didn't have in terms of USD AND BTC (claiming coinlab has 1428 bitcoins) So, now suddenly they're trying to claim that they didn't have any control or oversight whatsoever about their stack of BTC?

How on earth does this make any sense whatsoever? I do not buy this at all. I think this is an insider job, and that someone is sitting with a large stack of BTC, and will 'vanish' quite soon.

The story does not just add up here. And why would MtGox buy up gox.com yesterday if they planned to run anyway?

Edit: And what's this?

https://blockchain.info/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew?offset=0&filter=0

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