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Author Topic: mtgox hacked cashout question  (Read 1208 times)
dumb_mother (OP)
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June 20, 2011, 02:53:20 AM
 #1

so per the post on mt.gox the cashout was limited to 1k for whoever accomplished today's hack.  so my question is this- what price was the withdrawal at?  because if they got it at the low print, instantly following their market order down, that'd be 1000$ / BTC @ .01 or less per BTC which potentially makes it a much bigger difference.  i'm not sure this has been clarified anywhere yet.

dm
warweed
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June 20, 2011, 04:20:27 AM
 #2

I want to know why the btc wasn't simply moved to another wallet some were and better yet who has that kind of btc in mtgox unless it was mtgox's account itself
nhodges
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June 20, 2011, 04:38:06 AM
 #3

@warweed: Mt. Gox did move about 432,000 in liquid BTC to a secured account after the hack took place.

http://blockexplorer.com/address/1KLahQtqDNAXvrjNyfvgSBtAhwco5ZxLp4

http://www.btcnn.com/2011/06/not-everything-is-as-it-seems-at-mt-gox.html

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