3 ms·

I’m not sure this is making sense: how can you recover money that was stolen if it was stored aside? Has MtGox ever officially explained the reason the BitCoins

• agorabinary 13y ago
  There is no "Bitcoin", it is not a corporation. There is no body in charge of it. Mt. Gox alleged they were stolen via transaction malleability, so yes, it would seem they are "finding" coins that had been "stolen".
  • bertil 13y ago
    Typo. Edited. Thanks.
• user24 13y ago
  > Have BitCoin ever officially explained the reason the BitCoins were gone? This is analogous to saying: "Have US Dollar ever officially explained the reason the dollars were gone?" after a bank was robbed.
  • aestra 13y ago
    Maybe... "BitCoin" could refer to the Bitcoin protocol itself. The technical reasons/blockchain could conceivably explain some things, for example.
    • user24 13y ago
      He's stated it was a typo for MtGox now.
• jccooper 13y ago
  MtGox has never provided a good reason why they were missing so much in various asset classes. They tried to point to "transaction malleability" early on, but people who have traced such activity say that it can account for only a small fraction of the BTC MtGox claims to be missing. Insider theft or loss of keys seem to be the most plausible theories, though some people think all the money may simply have been gambled away trying to recover losses incurred earlier. Some folks over on Reddit, btw, claim to also have found an additional 300,000 BTC still under MtGox's control. This is perhaps support for the "missing keys" theory, or perhaps simply "gross incompetence".
• sp332 13y ago
  The bitcoins that were just found were in wallets that haven't been used since 2011. They are not the same wallets affected by the recent problems.