Bitcoin Forum

Economy => Service Discussion => Topic started by: Interized on January 26, 2014, 09:25:15 PM



Title: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: Interized on January 26, 2014, 09:25:15 PM
Since everything in the BTC network is public, doesn't it make sense to have them link us the direct wallet with the actual BTC funds?

I've already advised family who invested in BTC to move far away from MtGox, it seems they are becoming more shady of a company every single day, which sucks because I use to tell everyone that MtGox is the safest exchange.  :-\


Title: Re: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: Phinnaeus Gage on January 26, 2014, 10:13:05 PM
Since everything in the BTC network is public, doesn't it make sense to have them link us the direct wallet with the actual BTC funds?

I've already advised family who invested in BTC to move far away from MtGox, it seems they are becoming more shady of a company every single day, which sucks because I use to tell everyone that MtGox is the safest exchange.  :-\

You want proof! Can you handle the proof?

https://www.youtube.com/watch?v=bBBeHlqQYHM


Title: Re: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: Nagle on January 26, 2014, 10:17:00 PM
There's a whole thread for this in Service Discussion.

Gox almost certainly doesn't have the USD to pay off the balances supposedly on deposit with them. They haven't paid out significant USD since June 2013. Their supporters floated various conspiracy theories to explain this away, but none of them held up.  Then Gox started falling behind on EUR payments.  Then JPY payments.  Now BTC payments.

It's time for Gox's creditors to raise hell. You don't have to put up with this. Contact the Japan Financial Services Agency and file a complaint. File a complaint with the US SEC (Gox has a Delaware office and registered with FinCen). Sue them in Delaware (Delaware's Justice of the Peace Court, their small claims court, can handle cases up to $10,000. Above that, it's the Delaware Chancellery Court). Talk to the Japan External Trade Organization for advice on collecting in Japan. Contact reporters at Forbes, the Wall Street Journal, and Nihon Keizai Shimbun.

The Japan Financial Services Agency has the most power in this situation. They have the authority to send auditors into Mt. Gox (which is at  Tōkyō-to, Shibuya-ku, Shibuya, 2丁目11−6, 5th floor. (https://maps.google.com/maps?client=ubuntu&channel=fs&q=T%C5%8Dky%C5%8D-to,+Shibuya-ku,+Shibuya,+%EF%BC%92%E4%B8%81%E7%9B%AE%EF%BC%91%EF%BC%91%E2%88%92%EF%BC%96,+5th+floor.&oe=utf-8&ie=UTF-8&ei=zIjlUpOFF8v6oAS9n4CYCQ&ved=0CAkQ_AUoAQ)) at any time. They can also keep the principals of Mt. Gox from leaving the country.


Title: Re: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: 5thStreetResearch on January 26, 2014, 10:59:34 PM
stuffed in some guys mattress in Russia


Title: Re: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: Danglebee on January 27, 2014, 02:18:25 AM
the proof no withdrawl for 6 monyth


Title: Re: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: empoweoqwj on January 27, 2014, 02:55:01 AM
stuffed in some guys mattress in Russia

No I think that is where btc-e hide their coins :)


Title: Re: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: Netprofits on January 27, 2014, 03:13:39 PM
There's a whole thread for this in Service Discussion.


It's time for Gox's creditors to raise hell. You don't have to put up with this. Contact the Japan Financial Services Agency and file a complaint. File a complaint with the US SEC (Gox has a Delaware office and registered with FinCen). Sue them in Delaware (Delaware's Justice of the Peace Court, their small claims court, can handle cases up to $10,000. Above that, it's the Delaware Chancellery Court). Talk to the Japan External Trade Organization for advice on collecting in Japan. Contact reporters at Forbes, the Wall Street Journal, and Nihon Keizai Shimbun.

The Japan Financial Services Agency has the most power in this situation. They have the authority to send auditors into Mt. Gox (which is at  Tōkyō-to, Shibuya-ku, Shibuya, 2丁目11−6, 5th floor. (https://maps.google.com/maps?client=ubuntu&channel=fs&q=T%C5%8Dky%C5%8D-to,+Shibuya-ku,+Shibuya,+%EF%BC%92%E4%B8%81%E7%9B%AE%EF%BC%91%EF%BC%91%E2%88%92%EF%BC%96,+5th+floor.&oe=utf-8&ie=UTF-8&ei=zIjlUpOFF8v6oAS9n4CYCQ&ved=0CAkQ_AUoAQ)) at any time. They can also keep the principals of Mt. Gox from leaving the country.

This is extremely useful information.  Thank you. 


Title: Re: Where is the proof MtGox or any exchange for that matter has the BTC?
Post by: Phinnaeus Gage on January 27, 2014, 03:45:43 PM
There's a whole thread for this in Service Discussion.


It's time for Gox's creditors to raise hell. You don't have to put up with this. Contact the Japan Financial Services Agency and file a complaint. File a complaint with the US SEC (Gox has a Delaware office and registered with FinCen). Sue them in Delaware (Delaware's Justice of the Peace Court, their small claims court, can handle cases up to $10,000. Above that, it's the Delaware Chancellery Court). Talk to the Japan External Trade Organization for advice on collecting in Japan. Contact reporters at Forbes, the Wall Street Journal, and Nihon Keizai Shimbun.

The Japan Financial Services Agency has the most power in this situation. They have the authority to send auditors into Mt. Gox (which is at  Tōkyō-to, Shibuya-ku, Shibuya, 2丁目11−6, 5th floor. (https://maps.google.com/maps?client=ubuntu&channel=fs&q=T%C5%8Dky%C5%8D-to,+Shibuya-ku,+Shibuya,+%EF%BC%92%E4%B8%81%E7%9B%AE%EF%BC%91%EF%BC%91%E2%88%92%EF%BC%96,+5th+floor.&oe=utf-8&ie=UTF-8&ei=zIjlUpOFF8v6oAS9n4CYCQ&ved=0CAkQ_AUoAQ)) at any time. They can also keep the principals of Mt. Gox from leaving the country.

This is extremely useful information.  Thank you.  

Bitcoinica comes to mind. Those funds need to be released immediately, and I'm about to start a thread to demand its release. This shit has gone on way too long, let alone having the funds just sitting, if they are still there, in an entity that may file bankruptcy any second now if the quoted text is true.

~Bruno Kucinskas