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Home Hardware

Hackers Uncover Alleged Evidence Of Mt Gox Fraud

by Farhan
March 10, 2014
Hackers Uncover Alleged Evidence Of Mt Gox Fraud
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Mt Gox Hack

Hackers have uncovered purported evidence that bankrupt Bitcoin exchange Mt Gox has kept at least a portion of the Bitcoins it claimed to have lost. The company, which filed for bankruptcy last month, halted transactions amid complaints of a vulnerability within the Bitcoin system which allowed hackers to get away with more than 750,000 BTC. Another group of hackers has recently broken gained access to the Mt Gox servers in an attempt to find out what really happened.

The hackers broke into Mt Gox CEO Mark Karpeles’ personal blog and posted a 716 megabyte file containing all the information from the Mt Gox servers. Importantly, there is apparent proof of 951,116 BTC still within the servers; which points to the possibility that Karpeles was lying about the theft. It is, however, still unconfirmed that this is indeed the case; and not simply an incident of flawed book keeping due to being unaware of the theft that occurred.

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Forbes has reached out to Karpeles for comment on the incident but has yet to receive a reply. As usual, it is a matter of waiting for more information to come to light before any conclusions can be reached.

[Source: Forbes]

Tags: BitcoinBitcoin ExchangeMt GoxMt Gox DeadMt Gox DownMt Gox MissingMt Gox Offline
Updated 12:29 pm, Tue, 11 March 14
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