Some parallels between MtGox and Malaysian Airlines MH370. See what lengths the airline industry goes to to uncover the truth behind an aviation disaster. This one may take years. But they will do what ever it takes - for closure for the victims familes; for the future of safe aircraft design and for improvements in regulation. Mt Gox is a bitcoin disaster. Bitcoin will be all the poorer if the full truth about Mt Gox is not ever exposed and learnt from. It's naive for anyone to think we can or should all just move on. Whether you were Goxed or not, it's in all our interests to get to the bottom of it - by whatever means it takes.

It's well documented that Karpeles was advised by Gavin Andersen months ago about Gox's vulnerabilities. I don't hold anything against him or the Bitcoin Foundation for the failure of Gox to adequately attend to the issue. Karpeles chose a quick patch up. Bitcoin is peer to peer. They can't be responsible for every peer.

Kevinm I am tempted to agree with your point but even though I lost 81 BTC at Gox, I have to say it wasnt the responsibility of the Bitcoin Foundation before the fact. We knew there was no cavalry to back us up.

But...


this is the issue for me. Like you, I just want to know what really happened. After the fact the Bitcoin Foundation don't seem to have done much. Anyone who did not lose anything at Gox keeps repeating "just move on; your BTC are gone; its your own fault for leaving them there; for the greater good of bitcoin lets think about something else...". Well we can't move on until there is full and frank disclosure.

Did Karpeles really let the BTC get stolen without anyone noticing? or did he just lose the keys to his wallet? or do the FBI have them? or does he actually still have them and he's lying about the theft? We don't know. Anything I have read that tries to be definitive is just speculation.

I would like to know that the Bitcoin Foundation are doing everything possible to facilitate the discovery of the truth. So far they have been deafeningly silent. Are any experts other than well meaning community members scrutinising the blockchain? interviewing witnesses? pressuring Karpeles for answers? Maybe they are just underfunded and under-resourced. I don't know.

But I hope that somehow we get the full truthful story some day. The Bitcoin Foundation could do their reputation a lot of good by being seen to be helpful finding the truth.

I believe that Roger always acted and spoke honestly and is not trying to hide anything. By speaking publicly through Youtube or forums he does expose himself to intense criticism and that takes guts and I commend him for responding in threads like this.

However...

I lost 81 BTC on Gox and that really hurts. The notion that we should all just move on and start again is too much right now. That is because there are too many unanswered questions. Only when there is a full and frank explanation of what really happened can we reach some sort of closure. For those of us now permanently impoverished by Gox, it is too soon to just forget.