MtGox withdrawal delays [Gathering]

[DrApricot]

So (not) sad to see Mark got re-arrested again. Japanese detention is not something I would wish on my worst enemy, but in Mark's case I think I can put those feelings aside.

So now he faces a total of 46 days of interrogation........I wonder how long he'll last...

I believe (and wrote it before here) he was not acting alone. Were the two rogue agents with him in this? An unknown intern? I'm sure he has plenty of stuff to say now that the "gag order" has no meaningful reason to exist.

Mark already maintained in his "Silk Road timeline" that the two alleged rogue agents were part of a conspiracy--or, so he says:

"based on the available documentation, it is also difficult to know precisely since when both have been conspiring. [emphasis added]" http://www.magicaltux.net/post/124057497654/silk-road-timeline

He was merely restating the obvious though, as the DoJ criminal complaint against Force and Bridges--unsealed last March--also revealed that the two had colluded together.

Though it may be a bit of a stretch to say that Mark was in any way ever directly involved with them. He seems to imply that he was not in his SR timeline piece. Why do you think an unknown intern may have been part of any scheme? That's news to me.

[macsga]

Though it may be a bit of a stretch to say that Mark was in any way ever directly involved with them. He seems to imply that he was not in his SR timeline piece. Why do you think an unknown intern may have been part of any scheme? That's news to me.

He admitted he had been losing BTCs since sometime in 2011 from MtGox's hot wallet via the allegedly "Transaction Malleability". Given his paranoia with keeping the cold wallet password on himself (not commenting on rumors that he VNC'd via an UNENCRYPTED connection the "so called" cold wallet of his) I believe he got burned from inside-out. Not ruling out he was acting by himself, but I think it's less possible to be the case.

[DrApricot]

Though it may be a bit of a stretch to say that Mark was in any way ever directly involved with them. He seems to imply that he was not in his SR timeline piece. Why do you think an unknown intern may have been part of any scheme? That's news to me.

He admitted he had been losing BTCs since sometime in 2011 from MtGox's hot wallet via the allegedly "Transaction Malleability".

Since WizSec's last report was published, the theory Mt. Gox's bitcoins were lost over a period of years beginning as early has 2011 has gained some traction. If so, it suggests your insider must have been active over a long period of time. From what I understand, there were only ever 30 people including contractors working there. If the insider was not Mark, then s/he should be easy to indentify. Who was this sneak?

[macsga]

Since WizSec's last report was published, the theory Mt. Gox's bitcoins were lost over a period of years beginning as early has 2011 has gained some traction. If so, it suggests your insider must have been active over a long period of time. From what I understand, there were only ever 30 people including contractors working there. If the insider was not Mark, then s/he should be easy to indentify. Who was this sneak?

My thoughts would go to an unhappy employee. People can do various things when they're unhappy and at some point the business in MtGox was booming. Too many transactions, too many responsibilities, probably the worst part was an autistic MK towards his anxious people. Frankly, I cannot say for sure. It's only a hypothesis that is yet to be proved right or wrong.

[iikun]

Since WizSec's last report was published, the theory Mt. Gox's bitcoins were lost over a period of years beginning as early has 2011 has gained some traction. If so, it suggests your insider must have been active over a long period of time. From what I understand, there were only ever 30 people including contractors working there. If the insider was not Mark, then s/he should be easy to indentify. Who was this sneak?

My thoughts would go to an unhappy employee. People can do various things when they're unhappy and at some point the business in MtGox was booming. Too many transactions, too many responsibilities, probably the worst part was an autistic MK towards his anxious people. Frankly, I cannot say for sure. It's only a hypothesis that is yet to be proved right or wrong.

I would probably agree. It is too obvious for MK to have done it all intentionally himself because all fingers would just point to him, and given that he apparently kept company & customer money together in the same account almost anything could happen to customer funds (fiat) before it was noticed.

At the same time, can we be surprised something like this happened to a man who (allegedly) slept in a $48,000 canopied bed?

[Amitabh S]

Is the problem clear? I don't get it 600k+ coins can't just disappear. At the least there should be tx IDs and entries in the deposit db. It just does not make sense unless some quantum shit is going on.

[nanobtc]

Perhaps MK dribbled it slowly into btc-e, then sold it for alts. Flushing it through half a dozen different blockchains, then going back to btc would pretty effectively cover his tracks. There still would be TX ids to btc-e initially.

[rcocchiararo]

http://www.engadget.com/2015/09/12/former-mt-gox-ceo-officially-charged-with-embezzlement/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget&ncid=rss_semi

[iikun]

http://www.engadget.com/2015/09/12/former-mt-gox-ceo-officially-charged-with-embezzlement/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget&ncid=rss_semi

Given Japan's conviction rate he'll definitely be doing time now. I suppose it will depend on how much time as to whether he gives up what really happened or if he takes it with him.

[macsga]

Given the circumstances I guess more than one will be after him in order to see what really happened with the coins. I don't rule out the fact he's been playing along with them all this time, and now that the bosses decided to split interests, MK found himself in the middle. I know, hollywood scenario, but nothing is impossible...

[pepto]

Any knowledge or speculation on when a distribution will be made to claimants?

[Hrumph]

Any knowledge or speculation on when a distribution will be made to claimants?

soonish

[grbox2001]

[cozytrade]

Mark Karpeles spent 6,000,000 JPY ( 50 K USD ) for order made bed. Although not covered well by the media (http://motherboard.vice.com/tag/Mark+Karpeles), The bed was so special for BDSM play with Japanese prostitutes. I wonder if the bed has been sold via auction to convert their asset to money (or bitcoins).

Of course Mark spent the clients' fund to buy that bed, toys, equipment and girls. What a shame

[JorgeStolfi]

Mark Karpeles spent 6,000,000 JPY ( 50 K USD ) for order made bed. Although not covered well by the media (http://motherboard.vice.com/tag/Mark+Karpeles), The bed was so special for BDSM play with Japanese prostitutes. I wonder if the bed has been sold via auction to convert their asset to money (or bitcoins).

That is your guess, right? He is married and has a child, IIRC.  Not that one thing excludes the other, but...

[macsga]

Mark Karpeles spent 6,000,000 JPY ( 50 K USD ) for order made bed. Although not covered well by the media (http://motherboard.vice.com/tag/Mark+Karpeles), The bed was so special for BDSM play with Japanese prostitutes. I wonder if the bed has been sold via auction to convert their asset to money (or bitcoins).

That is your guess, right? He is married and has a child, IIRC.  Not that one thing excludes the other, but...

Apart from guesswork and assumptions, there's not much we can do at this point. The aftermath of the legal actions is yet to be revealed and it's now Mid-October. I presume the situation will continue until sometime in 2016 and frankly I begin to lose any hope that we will manage to get ANYTHING back. Maybe that's what they were after in the first place...

[mayax]

Mark Karpeles spent 6,000,000 JPY ( 50 K USD ) for order made bed. Although not covered well by the media (http://motherboard.vice.com/tag/Mark+Karpeles), The bed was so special for BDSM play with Japanese prostitutes. I wonder if the bed has been sold via auction to convert their asset to money (or bitcoins).

That is your guess, right? He is married and has a child, IIRC.  Not that one thing excludes the other, but...

Apart from guesswork and assumptions, there's not much we can do at this point. The aftermath of the legal actions is yet to be revealed and it's now Mid-October. I presume the situation will continue until sometime in 2016 and frankly I begin to lose any hope that we will manage to get ANYTHING back. Maybe that's what they were after in the first place...

You invested and it went bad, so you have to move forward . You won't get any cent back.

This is Bitcoin; a so called niche market full of scammers and speculative trading. Why a people will ever put his money in BTC excepting for speculative trading or to buy shits? Because you want to make money overnight or the "dealer" does not accept traditional payments for obvious reasons . Well, this has a risk and you lost this time.

You can buy normal things by using credit cards and you can invest in the Forex market by sending bank wires to real Forex companies not shits like Bitfinex, BTC-e and so on. BTW, what do you know about these ones? Any license for BTC-e?
 

[cozytrade]

Mark Karpeles spent 6,000,000 JPY ( 50 K USD ) for order made bed. Although not covered well by the media (http://motherboard.vice.com/tag/Mark+Karpeles), The bed was so special for BDSM play with Japanese prostitutes. I wonder if the bed has been sold via auction to convert their asset to money (or bitcoins).

That is your guess, right? He is married and has a child, IIRC.  Not that one thing excludes the other, but...

Not my own guess but reported as leaked information from Japanese police.

-----


black reason that Bitcoin "arrest president" has bought a bed with 6 million yen canopy <Shukan Shincho>

BOOKS & NEWS Yarai cho Gulli October 7 (water) 8:01 delivery

Gold is a good servant (bottom), is also a bad husband -. The "last gold is should use meaningful, we do not lose sight of their own for the sake of profit story" but the French adage that admonish and. In turn, whether foreign president born in his country. Despite his people profit in Bitcoin, is currently waiting for the rumor of Shichoku is seen. Moreover, it had been uncovered until true face as a lie flat in the exclusive bed "my master".

***

Last spring, Mt. Gox, Inc., which operates the world's largest virtual currency exchange is bankrupt, a feeling that had at a stretch Keshiton "Bitcoin" boom. Intends Okaro also those who store the appearance of Marc Karupuresu Mr. (30) of the president to be chased by explanation. The society section reporters look back an uproar,

"Management him collapse the received held a press conference to be," if there is a weak place in the system, Bitcoin is no longer "was explained. That is, in the hacking by someone, and was pulled out illegally," said

Result, indeed 850,000 sheets (market value 46.5 billion yen) bit coin is lost things but,

"Police investigation Lesson 2 and cyber crime department, rather than the majority of Bitcoin is from outside, it was discovered the fact that disappeared in the illegal operation in-house system. Then, only, he was able to access the system arrest in-house was it was "(same)

Karupuresu who was indicted on charges such as work on the embezzlement is on September 11. It became clear in the course of the investigation, it was a reality of diversion across the public and private.

"Not only he had spent about 300 million yen in payment of a separate company, which was established, we have also purchased canopy with premium bed of 6 million yen for the home" (same)
■ enthusiasts

Well, where notable would bed. 6 million yen and even would be any luxury brand made'm too exorbitant price. There was also a toll newspaper "strength training also special order that can", the Metropolitan Police Department officials reveal this about true "reason".

Speaking "plainly, is a bed that has been tailor-made to enjoy the SM play. Special bracket is attached to the canopy part, human beings can be hanging. As a result of search his home, and is strapped, Women (Photography) was suspended from the canopy you have found nothing sheets "

Youth president of plump who touted the not tied to national "dream of currency", on the other hand, is was not tied up the women for their own hobbies.

"Katakana that he is called at home the Deriheru Miss, but lived in luxury tower apartment is also not a few. Concierge resident be Kyojiru to play until the morning, it is apparently believed to professional name on the front of the guest book female name was side by side. However, the person can be filled with this point, "which is the management that he is healed leads to the interests of the company. It is defiant and not a private diversion "" (same)

By the way, skilled in the art that deal with custom-made furniture,

"Since entering into the hands of 100 million units in bed luxury furniture manufacturer" Cassina "of Italy, 6 million yen is considerably expensive. However, to the frame to iron to hang a person, of course, balance and strength It would be the price that can be convinced if the size of a king-size has been customized to need. designer in order to keep "

At the end you have indulged in lewdness in such a bed, I question your husband like it is became a "your rope".

"Wide Special ups and downs seven degrees of financial statements" than ※ "Shukan Shincho" October 8, 2015 issue

SHINCHOSHA All Rights Reserved.

(In Japanese)
http://zasshi.news.yahoo.co.jp/article?a=20151007-00010000-shincho-soci

[macsga]

1. You invested and it went bad, so you have to move forward . You won't get any cent back.

2. This is Bitcoin; a so called niche market full of scammers and speculative trading. Why a people will ever put his money in BTC excepting for speculative trading or to buy shits? Because you want to make money overnight or the "dealer" does not accept traditional payments for obvious reasons .

3. Well, this has a risk and you lost this time.

4. You can buy normal things by using credit cards and you can invest in the Forex market by sending bank wires to real Forex companies not shits like Bitfinex, BTC-e and so on. BTW, what do you know about these ones? Any license for BTC-e?
 

1. The "invest" parameter is not equal to "entrust" to someone with something (BTC) that you take ONLY his word that you will get back when they see fit. I was against such a policy, but when you have an amount of coins that you mined and want to take something back for your effort, (and you don't) then this is theft and not "bad investment".

2. Correct! We're all scammers and thieves in here. What a noble man like you doing with scumbags like us?

3. I made my peace, it wasn't THAT much anyway.

4. Ah, you're THAT type of guy. How's that working for you with all the bear market since May? I know; you answered yourself in (3).

[mayax]

1. You invested and it went bad, so you have to move forward . You won't get any cent back.

2. This is Bitcoin; a so called niche market full of scammers and speculative trading. Why a people will ever put his money in BTC excepting for speculative trading or to buy shits? Because you want to make money overnight or the "dealer" does not accept traditional payments for obvious reasons .

3. Well, this has a risk and you lost this time.

4. You can buy normal things by using credit cards and you can invest in the Forex market by sending bank wires to real Forex companies not shits like Bitfinex, BTC-e and so on. BTW, what do you know about these ones? Any license for BTC-e?
 

1. The "invest" parameter is not equal to "entrust" to someone with something (BTC) that you take ONLY his word that you will get back when they see fit. I was against such a policy, but when you have an amount of coins that you mined and want to take something back for your effort, (and you don't) then this is theft and not "bad investment".

2. Correct! We're all scammers and thieves in here. What a noble man like you doing with scumbags like us?

3. I made my peace, it wasn't THAT much anyway.

4. Ah, you're THAT type of guy. How's that working for you with all the bear market since May? I know; you answered yourself in (3).

Not everybody is a scammmer. Of course not. There are some honest people who are looking to earn some extra money for their living.
But we cannot close the eyes and  not seeing that over 80% from the BTC is used for illegal things(black market) and HYIPs(most of the Forex and Mining).
When you know these things, you should think twice before sending money to an exchanger. How can you send(entrust) money to an unlicensed company who is performing forex(financial transactions) like MT Gox was?

I see that the people didn't understand the lesson and they are keeping doing that with other similar exchangers(see BTC-e, Bitstamp and so on; they are not licensed).So, I cannot sympathize with these kind of persons.