[2015-08-03]Mark Karpeles Admits to Tweaking Mt. Gox User Balances For Millions

[jdebunt]

http://bitcoinist.net/mark-karpeles-admits-tweaking-mt-gox-user-balances-millions-dollars/


Because of his actions, the Mt. Gox Bitcoin exchange became the victim of artificially created Bitcoin balances worth up to US$1m. Mark Karpeles had always denied any allegations made against him regarding the Mt. Gox matter, yet admitted to tweaking the system and user balances for a large amount of money as part of a “test”.

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[Ghostface]

Tweaking? What the hell does that mean? Is that a polite way of saying whoops I fucked up? I hope the missing coins get found on him somehow and those who lost a lot of money get it back.

[okae]

this guys should be on jail, and try to "Tweaking" now from there...

i hope that after him nobody will follow or do something similar like he did, but im sure that things like that cant be stoped.

dont worry mark, you will have lot of free time on jail to "test" things...

[jdebunt]

Tweaking? What the hell does that mean? Is that a polite way of saying whoops I fucked up? I hope the missing coins get found on him somehow and those who lost a lot of money get it back.

Tweaking in the sense of "I have total control, can manipulate balances and you'll probably never find out".

Funny thing is, these things always have a way of being found out sooner or later.....

[kjlimo]

Glad to see allegations underway finally...

We'll see if they find more than $8.9m.

Either way, does Mark have any assets to be seized anyway?

[yefi]

Tweaking? What the hell does that mean? Is that a polite way of saying whoops I fucked up? I hope the missing coins get found on him somehow and those who lost a lot of money get it back.

The majority were probably spent long ago or never existed in the first place. I would be surprised if he didn't have a large, hidden stash somewhere, mind you.