MtGox withdrawal delays [Gathering]

[smoothie]

so they couldn't even find the time to write a script to check balances against accounts to ensure they aren't leaking bitcoins.

Of course not that would mean Mark would have to stop drinking his fraps and get off is arse and do something productive.

[smoothie]

I guess then there will be no more "updates" from Gox? lol

No wonder they never gave an end date for their "withdrawal fix" they were working on and instead made a lame excuse about the protestors at their location is the reason why they can't get withdrawals working again blah blah.

[Puppet]

so they couldn't even find the time to write a script to check balances against accounts to ensure they aren't leaking bitcoins.

This is also what I find too hard to swallow. Nothing is easier than checking the balance of cold wallets. How could they possibly not have known?

[itsunderstood]

They have IP logs, and forbid TOR access. Its bullshit and poor excuse for internal fraud. I hope they will get what they deserve.

I suspect they've been nothing more than a honeypot for about 10 months now.

What's freaky is that any exchange could sell their soul and flip the same switch and run the same game train right to the end.  That's the thing about cryptocoin bag of money: weightless, easy to run with.

Who knows if there was a backdoor at Gox?  I am sure their ledger will be analyzed for the next 30 years at least.

[smoothie]

At this point 744,408 BTC are missing due to malleability-related theft which went unnoticed for several years.

Edit: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

Who wrote this?

[Rampion]

You've been STURLED.

Humoristic timeline:

Gox halts USD withdrawals? It's just because their huge volume is overwhelming the banking system.

Gox resumes FIAT withdrawals but they arrive with weeks/months delays? It's just because the traditional banking system is unable to keep up with the demands of such a thriving and profitable business

Gox applies a 5% "ransom fee" and other measures which are obviously just desperate attempts to raise money? Well, their volume is soooo huge and their business soooo profitable that they need the ransom fee to pay the guy processing the withdrawals, otherwise he will just go on strike as he is overwhelmed by the huge volume of work.

Gox delays BTC withdrawals? It's just a minor technical bug related to Bitcoin itself, do not worry guys they have made SO MUCH MONEY in their history that they can just piss the BTC in their customer's faces.

If everything is good at Gox, why the huge spread? Just because the HERD is panicking because of FUDsters, elite traders like STURLE are making shitloads of cash by doing arbitrage/profiting from the panicking herds.

Mmmmmmmmm....

Care to give us an update now, Surle? Please give us your usual explanation on WHY Gox is not online right now, WHY they deleted all their tweets, ETC.

[thenewguy72]

Hello all of you,

i just want to let you know that i've received my withdraw of 14.500Euro today. I withdrawed it in January the 3rd. Maybe Gox is still in a better mood than we all think...

Cheers

[itsunderstood]

It's only going to get worse as coin prices rise, because like dude above who had 63 BTC at Gox, that's a damn decent amount, he ain't gonna forget that. So as we know coin will go up, that's a bitter pill to swallow.  They really just drove it into the dirt, should have stopped trading weeks ago or at least revealed the double spend "crimes".

[Nagle]

Edit: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

Who wrote this?

That's a very good question. It's quite possible that it's fake. I've been bugging news outlets to insist that the guy who posted it post the actual file, not a link to scribd, so that forensic tools can be used on the source.

It also might be something someone at Mt. Gox planted, to direct attention away from internal theft and discourage efforts to force what's left of Mt. Gox into bankruptcy now.

[Puppet]

Edit: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

Who wrote this?

That's a very good question. It's quite possible that it's fake. I've been bugging news outlets to insist that the guy who posted it post the actual file, not a link to scribd, so that forensic tools can be used on the source.

It also might be something someone at Mt. Gox planted, to direct attention away from internal theft and discourage efforts to force what's left of Mt. Gox into bankruptcy now.

it may be fake, but the latest development at gox (trading halted, site gone, twitter gone, the combined press release by other bitcoin actors, ..) makes me think its probably not.

As for who wrote it; assuming its legit, it reads like something that a major shareholder or otherwise stake holder might write. Someone at the bitcoin foundation?
 
Sure does explain the $100 price at gox though, someone with deep pockets knew. And that was always my fear, that the low price at gox wasnt caused by panic due to whats known publicly (made no sense) but by someone with big wallet and inside info.

[Grinder]

This is also what I find too hard to swallow. Nothing is easier than checking the balance of cold wallets. How could they possibly not have known?

This is what I've been wondering since I first heard about it too. My guess is that Karpeles is a fairly high IQ nerd who is used to be right, so he just assumes that he's figured out how to test each step of the process perfectly. That means there's no need to do even the most basic sanity tests for the whole of the system.

[T.Stuart]

Edit: http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft

Who wrote this?

That's a very good question. It's quite possible that it's fake. I've been bugging news outlets to insist that the guy who posted it post the actual file, not a link to scribd, so that forensic tools can be used on the source.

It also might be something someone at Mt. Gox planted, to direct attention away from internal theft and discourage efforts to force what's left of Mt. Gox into bankruptcy now.

This document is very clearly fake.

[BitPaulo]

FYI, I made an international wire from the UK to the bank in Poland and ask to cancel the transfer last week. I called my bank again today to get an update on the situation and they said they couldn't cancel the transfer because the Bank in Poland couldn't contact Gox to confirm the cancellation of the payment.

I am trying to contact the bank in Poland but their international wire transfer team is not picking the phone at the moment.

That's definitely not good news, not even the bank in Poland can get in touch with their client! and I think i just lost that money....... fuck

[theshazbot]

FYI, I made an international wire from the UK to the bank in Poland and ask to cancel the transfer last week. I called my bank again today to get an update on the situation and they said they couldn't cancel the transfer because the Bank in Poland couldn't contact Gox to confirm the cancellation of the payment.

I am trying to contact the bank in Poland but their international wire transfer team is not picking the phone at the moment.

That's definitely not good news, not even the bank in Poland can get in touch with their client! and I think i just lost that money....... fuck

I just did it on Monday morning for about $15,000 from US. They processed it this morning (this was before the news came out) – is it too late to cancel it from my bank? It's supposed to go to the bank in Tokyo.

[BitPaulo]

FYI, I made an international wire from the UK to the bank in Poland and ask to cancel the transfer last week. I called my bank again today to get an update on the situation and they said they couldn't cancel the transfer because the Bank in Poland couldn't contact Gox to confirm the cancellation of the payment.

I am trying to contact the bank in Poland but their international wire transfer team is not picking the phone at the moment.

That's definitely not good news, not even the bank in Poland can get in touch with their client! and I think i just lost that money....... fuck

I just did it on Monday morning for about $15,000 from US. They processed it this morning (this was before the news came out) – is it too late to cancel it from my bank? It's supposed to go to the bank in Tokyo.

When you say they processed it this morning, do you mean Gox? or your bank?
you should call your bank asap to confirm what you can do. You may still be on time.

I tried to cancel it 2.5 days later and it looks like it was too late.

[markiemark]

look at the source of the mtgox.com page:


<html>
   <head>
      <title>MtGox.com</title>
   </head>
   <body>
      <!-- put announce for mtgox acq here -->
   </body>
</html>

this wasn't there a couple of minutes ago.

Acq = acquirement?

[mgroenouwe]

look at the source of the mtgox.com page:


<html>
   <head>
      <title>MtGox.com</title>
   </head>
   <body>
      <!-- put announce for mtgox acq here -->
   </body>
</html>

this wasn't there a couple of minutes ago.

Acq = acquirement?

I saw even more code than that (async javascript sending clientIP etc.), but was to fast with refreshing, so I don't have a snippet/proof...

[hgmichna]

Acq = acquirement?

Acquisition perhaps.

That would be very good news, I think.

By the way, that (<!-- xxx -->) is an HTML comment. Perhaps they don't know how to write a PHP comment, which would not be sent to the users' web browsers. HTML comments go straight through to the browser, which is why we can see this one in the page's source code.

I just checked—it's still there on https://www.mtgox.com/ .

[cedivad]

Perhaps they don't know how to write a PHP comment.

Don't be so naive.

The designer clearly wanted to help whoever was gonna follow him with that placeholder.

[mgroenouwe]

There it is again, 10:44 AM UTC +1:

<html>
   <head>
      <title>MtGox.com</title>
   
  <script type="text/javascript">
    var AKSB=AKSB||{};AKSB.q=[];AKSB.mark=function(b,a){AKSB.q.push(["mark",b,a||(new Date).getTime()])};AKSB.measure=function(b,a,c){AKSB.q.push(["measure",b,a,c||(new Date).getTime()])};AKSB.done=function(b){AKSB.q.push(["done",b])};AKSB.mark("firstbyte",(new Date).getTime());
    AKSB.prof={custid:"223233",ustr:"",originlat:0,clientrtt:9,ghostip:"2.21.8.44",ipv6:false,pct:10,xhrtest:false,clientip:"XXX.XXX.XXX.XXX"};
    (function(b){var a=document.createElement("iframe");a.src="javascript:false";(a.frameElement||a).style.cssText="width: 0; height: 0; border: 0; display: none";var c=document.getElementsByTagName("script"),c=c[c.length-1];c.parentNode.insertBefore(a,c);a=a.contentWindow.document;a.open().write("<body onload=\"var js = document.createElement('script');js.id = 'aksb-ifr';js.src = '"+b+"';document.body.appendChild(js);\">");a.close()})(("https:"===document.locatio[Suspicious link removed]otocol?"https:":"http:")+"//aksb-a.akamaihd.net/146060/aksb-a/aksb.min.js");
    </script>
    </head>
   <body>
      <!-- put announce for mtgox acq here -->
   </body>
</html>