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Irony of a dead system. MADOFF: Rich man looses money of old timey rich people, government scrambles to find and repair. MTGOX: e-BTC collude with hackers to
by cyphunk 9y ago
Irony of a dead system.
MADOFF: Rich man looses money of old timey rich people, government scrambles to find and repair.
MTGOX: e-BTC collude with hackers to hack MTGOX, FBI takes down e-BTC, FBI keeps money.
- celticninja 9y agoIt was BTC-E and you are missing some important information. Btc-e collusion not yet proved, FBI still keep the money, BTC-E remain in business and arrange to refund users at their own expense. So the analogy would require the government to take Madoffs money while claiming he was defrauding users and Madoff continuing his scheme and returning to them the money the government had taken from him/them.
- cyphunk 9y agoYou are right, my comparison is absurd. bTCe work to return funds to their customers though, not those of mtgox. Nor should they need to, if indeed the accusation they colluded with MTGox hackers is false