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I don't know why people are saying that Mt. Gox may be under a gag order. They're based in Japan, so an American gag order seems like it's not applicable. And

I don't know why people are saying that Mt. Gox may be under a gag order. They're based in Japan, so an American gag order seems like it's not applicable. And while the US did seize some millions of theirs from US banks, their bitcoin cold storage wallets were probably based in Japan, not the US, so there's no way the US could seize them. And even if they did seize them, there's no evidence at all suggesting that they could compel Mt. Gox to remain silent about it. Mt. Gox absolutely could have stolen the bitcoin themselves. It's still one of the more likely scenarios.

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- sillysaurus3 13y ago
  Why is it naive? Why would they store their cold storage wallets within the reach of the US government, especially after they seized assets previously? Occam's Razor seems to apply here. In absence of evidence, the simplest explanation is more likely to be the correct one. The simplest explanation is still that Karpeles tried to steal the coins, rather than a government stepping in and stealing them.
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    - sillysaurus3 13y ago
      This seems equivalent to hypothesizing that "their wallets may have been lost due to their harddrives crashing." Sure, it's possible. But it's easy to come up with dozens of possible theories. What evidence do you have that the US government has done that against Japanese companies in the past? (Mt. Gox may have had a US division, but they were a Japanese company, not a US company.) EDIT: Also, if the US had seized most of the coins, why would they suddenly have a change of heart and allow Mt. Gox to release 200,000 BTC?
- einrealist 13y ago
  You forget, US agencies may be working with Japanese agencies on this. It does not require US law to make such a gag order happen...
Aqueous 13y ago
I don't think it's likely at all. It would have been discovered by now if that were true. If you want to get away with stealing $400 million you certainly don't do something that invites the maximum amount of scrutiny, as they did in closing Mt. Gox in such a haphazard, clearly minute-to-minute manner. If their aim was to steal $400 mil and get away with it they would have shut down the Mt. Gox operation in a much more graceful, deliberate, and mysterious way. Plus Karpeles does not strike me as a criminal mastermind. Maybe that's why he's a mastermind?

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sillysaurus3 13y ago
Why is it naive? Why would they store their cold storage wallets within the reach of the US government, especially after they seized assets previously? Occam's Razor seems to apply here. In absence of evidence, the simplest explanation is more likely to be the correct one. The simplest explanation is still that Karpeles tried to steal the coins, rather than a government stepping in and stealing them.
- deleted 13y ago
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  - sillysaurus3 13y ago
    This seems equivalent to hypothesizing that "their wallets may have been lost due to their harddrives crashing." Sure, it's possible. But it's easy to come up with dozens of possible theories. What evidence do you have that the US government has done that against Japanese companies in the past? (Mt. Gox may have had a US division, but they were a Japanese company, not a US company.) EDIT: Also, if the US had seized most of the coins, why would they suddenly have a change of heart and allow Mt. Gox to release 200,000 BTC?
einrealist 13y ago
You forget, US agencies may be working with Japanese agencies on this. It does not require US law to make such a gag order happen...

Aqueous 13y ago

I don't think it's likely at all. It would have been discovered by now if that were true. If you want to get away with stealing $400 million you certainly don't do something that invites the maximum amount of scrutiny, as they did in closing Mt. Gox in such a haphazard, clearly minute-to-minute manner. If their aim was to steal $400 mil and get away with it they would have shut down the Mt. Gox operation in a much more graceful, deliberate, and mysterious way. Plus Karpeles does not strike me as a criminal mastermind. Maybe that's why he's a mastermind?