Mt. Gox Receives Subpoena From Federal Prosecutor: Source • Hacker News Board

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#11

Post by gojomo » Wed, Feb 26, 2014, 2:35 AM UTC

Wouldn't it be funny if malleability has confused MtGox about its own hot->cold->hot wallet transactions, and it really has way more coins than it knows?

Then, when MtGox finally has someone with half a clue patch things & rescan, 700K BTC reappear, and they post on their homepage, "Nevvvvvermind – it was all a bad dream."

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#12

Post by kevingadd » Wed, Feb 26, 2014, 2:35 AM UTC

wernerb wrote: post #8

http://www.businessinsider.com/report-mtgox-subpoenaed-by-us... is more informative

Oh, you're right. When that page first went up it was one sentence with a link to the WSJ.

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#13

Post by sugerman » Wed, Feb 26, 2014, 2:35 AM UTC

fabulist wrote: post #7

s/underscoring the risks of bitcoin/illustrating the risks of speculating, especially with companies long known to be unreliable/g

s/investing/speculation/

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#14

Post by fabulist » Wed, Feb 26, 2014, 2:36 AM UTC

AngrySkillzz wrote: post #10

nwh wrote: post #5

Article without the paywall — http://archive.is/JWikk

It's pretty embarrassing that you can read most of the article with the paywall intact.

I was wondering if they were deliberately allowing archive sites past the paywall.

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#15

Post by fabulist » Wed, Feb 26, 2014, 2:43 AM UTC

sugerman wrote: post #13

fabulist wrote: post #7

s/underscoring the risks of bitcoin/illustrating the risks of speculating, especially with companies long known to be unreliable/g

s/investing/speculation/

Oh right, thanks mate

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#16

Post by pmorici » Wed, Feb 26, 2014, 2:48 AM UTC

For anyone thinking, "O good the government is here to investigate and get our money back" I wouldn't get too excited I'd say this is more likely them wanting to investigate Silk Road related Bitcoin activity than any desire to help those screwed by Gox.

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#17

Post by mbreese » Wed, Feb 26, 2014, 2:55 AM UTC

pmorici wrote: post #16

For anyone thinking, "O good the government is here to investigate and get our money back" I wouldn't get too excited I'd say this is more likely them wanting to investigate Silk Road related Bitcoin activity than any desire to help those screwed by Gox.

No... people lost a lot of money, including investors and investment funds located in the US. This is a case of the gov't doing their jobs and likely has nothing to do with Silk Road. It might have something to do with the MtGox funds previously confiscated by DHS(?) though.

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#18

Post by mbreese » Wed, Feb 26, 2014, 2:56 AM UTC

MWil wrote: post #2

nonpaywall?

For the WSJ, just do a Google search for the title or change your referrer to Google.

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#19

Post by MichaelGG » Wed, Feb 26, 2014, 2:56 AM UTC

gojomo wrote: post #11

Wouldn't it be funny if malleability has confused MtGox about its own hot->cold->hot wallet transactions, and it really has way more coins than it knows? Then, when MtGox finally has someone with half a clue patch things & rescan, 700K BTC reappear, and they post on their homepage, "Nevvvvvermind – it was all a bad dream."

That'd be some confusion. They just need to look at their cold wallet addresses to see the balance, right?

Re: Mt. Gox Receives Subpoena From Federal Prosecutor: Source

#20

Post by exit » Wed, Feb 26, 2014, 2:59 AM UTC

gojomo wrote: post #11

Wouldn't it be funny if malleability has confused MtGox about its own hot->cold->hot wallet transactions, and it really has way more coins than it knows? Then, when MtGox finally has someone with half a clue patch things & rescan, 700K BTC reappear, and they post on their homepage, "Nevvvvvermind – it was all a bad dream."

have you seen the irc chat log with Mark Karpeles? it almost seems possible that that is exactly what has happened:

[12:02] How much did you lose yourself?

[12:04] Well, technically speaking it's not "lost" just yet, just temporarily unavailable

[12:05] Well, how much is unavail for you?

[12:06] I'm not even sure

http://www.wickedfire.com/shooting-shit/179038-my-conversati...