Slashdot Mirror
Hackers Allege Mt. Gox Still Controls "Stolen" Bitcoins
The Verge reports that "Tokyo-based Bitcoin exchange Mt. Gox lost $400 million worth of bitcoins in February. Its management said the amount was stolen after hackers exploited a transaction bug to divert the funds, but some of Mt. Gox's users are not so sure, suggesting instead that the exchange's owners pocketed the cash. Now, facing silence from those owners about the fate of the money and the methods by which 6 percent of all of the Bitcoin in the world could have been stolen, a group of hackers claims it has broken into the bankrupted Bitcoin exchange's network to get answers. ... Forbes reports that the group gained access to the personal blog and Reddit account of Mark Karpeles, Mt. Gox's CEO. The hackers used the platforms to post a message that claimed Karpeles still had access to some of the bitcoins that he'd reported stolen. In support of the claim, they uploaded a series of files that included a spreadsheet of more than a million trades, Karpeles' home addresses, and a screenshot purportedly confirming the hackers' access to the data." (The Forbes article on which the Verge report is based.)
who can you possibly trust with something that can be so easily disappeared.
If only there was some kind of existing business that had heavy government oversight that could take care of that issue.
you want to trust the government, you have about the same luck. They can take your money just as easily...only it'll be legal.
Legal?
Son, let me tell you about a little thing called taxes.
When you start paying them, I promise you'll know what legal theft is.
And I thought people that ran kitten.scr.exe were idiots.
What a bunch of morons. I checked, Windows says I only have kitten.scr so I'm safe.
systemd is Roko's Basilisk.
Given how easily it would be to get away with the theft of anonymous cryptocurrency, I am surprised there aren't far more 'hacks' where exchanges rob all they can from their customers then close up shop. I know it has happened in China on much smaller scales, and I'm sure it will happen many more times, the question is who can you possibly trust with something that can be so easily disappeared.
Thank you for sharing my retirement strategy with all of Slashdot you unselfish bastard. Now my plan will never work.
MICHAEL
It's pretty brilliant. What it does is where there's a bank
transaction, and the interests are computed in the thousands a day in
fractions of a cent, which it usually rounds off. What this does is it
takes those remainders and puts it into your account.
PETER
This sounds familiar.
MICHAEL
Yeah. They did this in Superman III.
Your basic grasp of economics and history has no place here.