US Court Freezes Assets of Mt. Gox CEO
jfruh writes "Mt. Gox has managed to enter court-protected bankruptcy in the United States, but Gregory Greene, who lost $25,000 in the bitcoin company's collapse, has convinced a court in Chicago to freeze the assets of Mt. Gox CEO Mark Karpeles and two companies associated with him. 'Money is moving around as we speak, bitcoins are moving around accounts associated with Mt. Gox,' said Greene's lawyer. 'Something is not right so we urgently need to get to the bottom of this quickly.'"
The Mt Gox stole the missing bitcoins theory.
Makes me wonder why people in say, EVE, aren't held liable or arrested for sweeping in and taking over an entire faction and claiming everything as their own.
Everyone knew the deal and should have been told to deal with it.
Then again, everyone wants Cryptocurrencies to become the next stage in the evolution of currency, so I can't really complain to much. But that sort of stuff won't be common for at least another decade plus as more (if more) currencies stabilize enough to create a stable economy. Single currencies are worthless if they can't be weighed against others. And even though Bitcoins can be traded with physical currencies, they are still capable of shitting it at the mere mention of a few twitter posts with enough followers and everyone panics and sells. (and stupidly, some morons buy it at this point in efforts to save it, which NEVER happens, it only prevents the inevitable and results in lost money)
Still a very interesting mystery, will be good to find out what happened.
Something doesn't seem right somewhere. Despite misunderstandings, bitcoin is highly traceable. Just not to people. (mostly)