Bitcoin Forum

Economy => Service Discussion => Topic started by: bananas on March 01, 2014, 02:49:55 AM



Title: If Gox was stole
Post by: bananas on March 01, 2014, 02:49:55 AM
Why they never looked for the police to try to track down the criminals, and hopefuly the coins?

Not that i ever believed Gox was stole, but that's just one more reason i thought to not believe.


Title: Re: If Gox was stole
Post by: repentance on March 01, 2014, 04:21:05 AM
Actually, it's not known whether they filed any reports with law enforcement. 

They claim to have only recently discovered that such a huge amount of BTC were missing.  Presumably they spent at least a day or two trying to determine whether they actually were missing and how they might have gone missing.

Financial institutions rarely make public announcements when they discover funds are missing until and unless someone is charged over the disappearance of the funds.  It's only the sheer magnitude of the loss which has forced MtGox into publicly disclosing it at this point because, unlike a bank, they can't continue operating in the face of such a huge loss.