Bitcoin Forum

https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7 (https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7)

https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu (https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu)

https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD (https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD)

What does the information in the link mean? If those BTC are still sitting there then why were they not seized by the police and distributed between those people that were scammed?

There are so many wallets listed as belonging to MtGox, why are balances still sitting on them?

I am not certain how you arrived to a conclusion those addresses have anything to do with MtGox? I am not claiming they have not, I just don't see it and please explain.

Anyway, it is a handsome amount of bitcoins, I admit.

It states the wallet belongs to MtGox that is why I started the thread.

I guess its as simple as always, no private keys, no access...

If those wallets belong to MtGox then why are the Bitcoin still there? They should be given to the people that were scammed.

Genius! Mt Gox went belly-up in February 2014 and the first wallet address linked above received its first transaction on May 10, 2014: https://www.walletexplorer.com/wallet/e6f4eaa0d8d7ee8c?from_address=17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7


I traced a slew of them 50 and 100 BTC transactions stemming from this address: https://www.walletexplorer.com/address/1U5EGSHJeyZd4AHjcSCVZmcgepgKzB72V

What did happen to all MtGox wallets? Did the authorities trace them all?

No one knows what happened to all of their wallets but you can check several btc addresses from the link below including the status of the forked coins. All I know is that the mtgox trustee is planning to sell 160k btc and probably some of it are already sold.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

160,000 Bitcoins would go a long way to help people that got scammed. I hope the affected people get something back.

Thought: Did or will the trusty sell the equivalent BCH? How 'bout Bitcoin Gold? Bitcoin Private?

Because they don't them to return it to the people that is why they were branded as scammers and they said this is the primary reason bitcoin has fallen to $7000 because of the actions of these wretched scammers. I wish cryptocurrency system develop a strict method of seizing funds from these scammers who are ruining the market.

Previously Mt. Gox from Tokyo said that he would sell his 180,000 bitcoins in small lots for sale to pay off his creditors, not earlier than September. Therefore, it is possible, if its bitcoins move from the wallet to the wallet, but are not yet put on the market. If this happens, again all our expectations regarding the growth of bitcoin and, in general, the crypto-currency market will completely collapse, as bitcoin will again fall in price.

Because the total dollar amount that Mark Karpeles and other share holders of Mt. Gox lost was already paid off. This means that Mark legally owns the entire remainder of whatever value those bitcoins hold, and I believe it is in the billions? Don't quote me on that, but he's free to do what he wants with the money left over. He has stated though that he wants to do a % based, and instead of receiving dollars people will get their share of all the Bitcoins... Mt. Gox was a private company so barely anybody but Mark had shares in it.

That was I thought but, its impossible that they did not know the private keys. If it was lost or misplace  then its lost forever. But hope they will not dump that in market ,otherwise it will afgect bitcoin price.

I was under the impression that the authorities seized all assets of MtGox and were going to distribute the funds to all those that got scammed depending what they lost and what they can prove. Why these wallets are still associated with MtGox and why they contain thousands of bitcoins is strange. Does anybody have the keys to those wallets?

The firm said it found the bitcoins - worth around $116m (£70m) - in an old digital wallet from 2011.

That brings the total number of bitcoins the firm lost down to 650,000 from 850,000.

MtGox, formerly the world's largest bitcoin exchange, filed for bankruptcy in February, after it said it lost thousands of bitcoins to hackers.

"MtGox had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins," said Mt Gox chief executive Mark Karpeles in the filing.

However, "on March 7, 2014, MtGox confirmed that an old-format wallet which was used prior to June 2011 held a balance of approximately 200,000 bitcoins," he said.

Mr Karpeles said the firm moved the found bitcoins to offline wallets on 14 and 15 March so that they could not be targeted.

At the time of the MtGox theft, about 750,000 customer bitcoins were stolen as well as close to 100,000 of MtGox's own bitcoins.

That amounts to about 7% of all the bitcoins in existence.

MtGox recently won brief bankruptcy protection in the US as the firm's case works its way through Japanese courts.

Something does not add up with those wallets, maybe somebody still has the private keys

I agree they should just give it back to their owners or sell them, it was due to them that the price of bitcoin started to fall from ATH, and as far as the news goes, they will be releasing the bitcoin they have up until september, so there is still a chance that the value now will still go down, hopefully they just give it back or release the bitcoins they have as soon as possible, since the market that we are seeing now is somewhat being manipulated bu Mt.gox, once it goes up, they sell their bitcoins at a higher price, and the value afterwards will drop.

I did not hear anything about it. Are all MtGox wallets arrested?

There are a lot of bitcoins on wallets, I wonder ... coins will be returned to traders ...

The main thing is that these were not dead bitcoins

thanks to Mt.Gox bitcoin for the first time reached $ 1000, thanks to him, he falls now, and about the fact that the coins on these wallets lie without movement - maybe they lost access, a private key? surely it is very sad to lose such a key from wallet

The lawsuit should have taken care of that and presented the victims with some return on their investment. Nobody has provided clarity about who is inj control of those wallets.

Rest assured that those in control of Mt Gox's money is looking out for the best interest of victims.

 :o

Wow! Now those are some very nice looking wallets. I doubt they can confiscate those Bitcoins if they don't have access to the wallets. The only way they can confiscate it would be by getting the passwords / private keys from the people controlling those wallets. I just need 1% of the Bitcoins in those wallets. Would be set for life ;D

Who do you think has control of those MtGox wallets?

1% of those wallets would make many people set for life  :P

If they belong to MT GOX than the MT GOX trustee has access to those Bitcoins. If you don't know than they are being auctioned off slowly on exchanges for some time now. And its likely that the markets entered the bear phase due to that selling pressure. There are still thousands of bitcoins with the MT GOX trustee.

Mt Gox Trustee: We have good news and bad news. The good news is that we sold off all the bitcoins at the best exchange rate as possible, putting the fiat in a bank. The bad news is that the secret Asian bank was robbed.

Well if the Trustees sell when the price is high then it makes sense but BTC hit $20,000 recently yet the MtGox wallets remain untouched?

Who are the Trustees?

I hope MtGox will just send the btc back to the owners and not sell them. Everytime they sell, it hurts the market pretty bad. They were offered to not sell it in exchanges so that the market wont be affected but still they continued dumping their coins in huge batches. I think they're gonna continue dumping as soon as btc recovers from the huge fall so they can get a better price for the btc.

MtGox is finished, it was involved in a huge scam and has been stripped of its assets. Just the wallets associated with MtGox are up for questioning because nobody is stating who is controlling them.

What is MtGox and how do you know it has a lot of money in it?

Long story... (bing.com)

Yeah, I have read an article about it. It said that the leader of this exchange was involved in great scam(he has a lot of problems now). And somebody mentioned about movement in the wallets.
It's quite interesting thought, that after scamming there is no owner of the wallets, but I don't believe in that.
 

The government in charge of this did a complete disaster a job handling this situation. Like you said, they should have just given the coins back to the owners in a 1:1 ratio, but what they did is hire some guy to dump the coins in exchanges to pay the owners of the coins in fiat, and in the price that they were at when the crash happened! unbelievable.

It looks like they finally were struck with some sanity and not (correct me if im wrong please) apparently creditors will receive the rest of the coins in a BTC transaction? That's what I heard last time, that they were going to stop selling finally.

How is that possible. Someone must have the keys to those wallets, there are millions upon millions in Bitcoin there.

Therefore, in general, the crypto currency market will completely collapse, when bitcoin will again discount.

Why do you say that?

They scammed people and now they selling to lower price and bring more people down all that while being Rich, where is karma ? Where is justice ?

How can they be selling they have been shut down and their assets confiscated? The wallets seem to be in the control of some person/people other than the law enforcers because the Bitcoin balances are still there. Had the wallets been in control of the law enforcers then they would have sold the Bitcoins to recover losses and partially re-imburse investors.

Did anything ever happen to those wallets belonging to MtGox?

Any news about who is in control of their private keys?

There are a few things to remember here.

1. The Mt Gox robbery was not committed in a day or two. It started sometime during 2011 and went on for at least two years. By the time it was detected (by early 2014), the thieves had stolen at least BTC650,000. According to the FBI, most of these coins were laundered using BTC-e.

2. The initial estimate of loss was BTC850,000. However, BTC200,000 were recovered from "forgotten" wallets within the next few days.

So if you ask me, I believe that there may be some more "forgotten" wallets holding the original coins from Mt Gox. But the big question is whether these coins can be recovered or not.

But as listed in the OP, the following MtGox wallets have funds in them so who is controlling them? They should be used to cover investor losses but the funds just sit there...

https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7 (https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7)

https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu (https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu)

https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD (https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD)

Somebody has access to those wallets. Who could it be?

This thread deserved a bump just for the sake of asking whether there were any updates to anything the authorities might have discovered recently about MtGox and those missing millions of USD$ ?