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How would they not have enough BTC on hand? It's not like they loan it out like banks.
by bpicolo 13y ago
How would they not have enough BTC on hand? It's not like they loan it out like banks.
- DelightfulScone 13y agoBy taking it.
- asdfs 13y agoSome could have been stolen from a compromised server.
- jonknee 13y ago> The US Department of Homeland Security and the Secret Service seized three accounts linked to Gox containing more than $5m. As research from The Genesis Block shows, the executed seizure warrant was dated 19th June, the day before Gox announced it would halt dollar withdrawals. Not to mention they're a huge hacking target.
- ericd 13y agoIt might be non-trivial to get large amounts of cold storage BTC up and running? This could be a good thing in the case of cold storage coins, for security reasons.
- foobarqux 13y agoThey can have it stolen. They can covert it to USD and spend it on operations.