Volumes gone?

[warsmith]

https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback

Finaly - at least some statement.
Well at least this not catastrophic scenario.

Do you think the price will be <12$ when it comes back up?

[1715081584]

1715081584

[1715081584]

1715081584

[frutza]

Well, this is sort of good news   It proves that despite the limited resources, MagicalTux stays on top of things.
I wonder what happens to the $1000 the rightful account owner lost. Will he be reimbursed by MtGox?

[hypsterj]

Well, this is sort of good news   It proves that despite the limited resources, MagicalTux stays on top of things.
I wonder what happens to the $1000 the rightful account owner lost. Will he be reimbursed by MtGox?

Limited resources? By my math MagicalTux made ~$300k in the past month.

[Dobrodav]

Will it be refunded or not, depends on details of the huck.
But it is powerfull blow to MtGox rep. I am even thinking about dirty competition trick.
Well, i am always full with shitty ideas.

[frutza]

I meant limited human resources  (one guy...) maybe part of the $300k (or whatever the amount is) can be used for better security?

[Gameover]

Well, this is sort of good news   It proves that despite the limited resources, MagicalTux stays on top of things.
I wonder what happens to the $1000 the rightful account owner lost. Will he be reimbursed by MtGox?

It may not be as simple as this, if the maximum transfer is limited to $1000 and the price of bitcoins was down to $0.01, doesn't that mean you can send out 100,000 bitcoins?  Which under normal markets would be worth $1M-$2M?

[frutza]

Interesting point. Did anyone look for such a transfer(s) in the block chain?