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Author Topic: MtGox wallets with thousands of BTC inside  (Read 601 times)
JollyGood (OP)
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May 30, 2018, 10:52:56 PM
Last edit: May 30, 2018, 11:04:02 PM by JollyGood
 #1

https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7

https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu

https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD

What does the information in the link mean? If those BTC are still sitting there then why were they not seized by the police and distributed between those people that were scammed?

There are so many wallets listed as belonging to MtGox, why are balances still sitting on them?

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Pan Troglodytes
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May 30, 2018, 11:17:20 PM
 #2

I am not certain how you arrived to a conclusion those addresses have anything to do with MtGox? I am not claiming they have not, I just don't see it and please explain.

Anyway, it is a handsome amount of bitcoins, I admit.
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May 31, 2018, 04:23:23 PM
 #3

It states the wallet belongs to MtGox that is why I started the thread.

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May 31, 2018, 04:33:44 PM
 #4

I guess its as simple as always, no private keys, no access...
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June 02, 2018, 08:46:59 PM
 #5

If those wallets belong to MtGox then why are the Bitcoin still there? They should be given to the people that were scammed.

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YuTü.Co.in
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June 02, 2018, 09:04:55 PM
 #6

https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7

https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu

https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD

What does the information in the link mean? If those BTC are still sitting there then why were they not seized by the police and distributed between those people that were scammed?

There are so many wallets listed as belonging to MtGox, why are balances still sitting on them?

Genius! Mt Gox went belly-up in February 2014 and the first wallet address linked above received its first transaction on May 10, 2014: https://www.walletexplorer.com/wallet/e6f4eaa0d8d7ee8c?from_address=17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7


I traced a slew of them 50 and 100 BTC transactions stemming from this address: https://www.walletexplorer.com/address/1U5EGSHJeyZd4AHjcSCVZmcgepgKzB72V

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June 02, 2018, 10:29:59 PM
 #7

What did happen to all MtGox wallets? Did the authorities trace them all?

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June 02, 2018, 11:10:52 PM
 #8

What did happen to all MtGox wallets? Did the authorities trace them all?
No one knows what happened to all of their wallets but you can check several btc addresses from the link below including the status of the forked coins. All I know is that the mtgox trustee is planning to sell 160k btc and probably some of it are already sold.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/


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June 02, 2018, 11:30:15 PM
 #9

160,000 Bitcoins would go a long way to help people that got scammed. I hope the affected people get something back.

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YuTü.Co.in
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June 03, 2018, 02:45:01 AM
 #10

What did happen to all MtGox wallets? Did the authorities trace them all?
No one knows what happened to all of their wallets but you can check several btc addresses from the link below including the status of the forked coins. All I know is that the mtgox trustee is planning to sell 160k btc and probably some of it are already sold.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/



Thought: Did or will the trusty sell the equivalent BCH? How 'bout Bitcoin Gold? Bitcoin Private?

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June 03, 2018, 03:45:10 AM
 #11

If those wallets belong to MtGox then why are the Bitcoin still there? They should be given to the people that were scammed.

Because they don't them to return it to the people that is why they were branded as scammers and they said this is the primary reason bitcoin has fallen to $7000 because of the actions of these wretched scammers. I wish cryptocurrency system develop a strict method of seizing funds from these scammers who are ruining the market.

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June 03, 2018, 03:48:47 AM
 #12

https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7

https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu

https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD

What does the information in the link mean? If those BTC are still sitting there then why were they not seized by the police and distributed between those people that were scammed?

There are so many wallets listed as belonging to MtGox, why are balances still sitting on them?
Previously Mt. Gox from Tokyo said that he would sell his 180,000 bitcoins in small lots for sale to pay off his creditors, not earlier than September. Therefore, it is possible, if its bitcoins move from the wallet to the wallet, but are not yet put on the market. If this happens, again all our expectations regarding the growth of bitcoin and, in general, the crypto-currency market will completely collapse, as bitcoin will again fall in price.
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June 03, 2018, 03:59:17 AM
 #13

https://bitinfocharts.com/bitcoin/address/17KcBp8g76Ue8pywgjta4q8Ds6wK4bEKp7

https://bitinfocharts.com/bitcoin/address/1G23Uzwj55k2A9TRwaTknqGav66oDTkWCu

https://bitinfocharts.com/bitcoin/address/1PxGTuJzDx1ceFHx4Z5CHaWuhiPBNovmZD

What does the information in the link mean? If those BTC are still sitting there then why were they not seized by the police and distributed between those people that were scammed?

There are so many wallets listed as belonging to MtGox, why are balances still sitting on them?
Because the total dollar amount that Mark Karpeles and other share holders of Mt. Gox lost was already paid off. This means that Mark legally owns the entire remainder of whatever value those bitcoins hold, and I believe it is in the billions? Don't quote me on that, but he's free to do what he wants with the money left over. He has stated though that he wants to do a % based, and instead of receiving dollars people will get their share of all the Bitcoins... Mt. Gox was a private company so barely anybody but Mark had shares in it.
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June 03, 2018, 04:20:25 AM
 #14

I guess its as simple as always, no private keys, no access...

That was I thought but, its impossible that they did not know the private keys. If it was lost or misplace  then its lost forever. But hope they will not dump that in market ,otherwise it will afgect bitcoin price.
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June 03, 2018, 10:39:27 AM
 #15

If those wallets belong to MtGox then why are the Bitcoin still there? They should be given to the people that were scammed.

Because they don't them to return it to the people that is why they were branded as scammers and they said this is the primary reason bitcoin has fallen to $7000 because of the actions of these wretched scammers. I wish cryptocurrency system develop a strict method of seizing funds from these scammers who are ruining the market.

I was under the impression that the authorities seized all assets of MtGox and were going to distribute the funds to all those that got scammed depending what they lost and what they can prove. Why these wallets are still associated with MtGox and why they contain thousands of bitcoins is strange. Does anybody have the keys to those wallets?

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Kristy22
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June 09, 2018, 05:56:51 AM
 #16

The firm said it found the bitcoins - worth around $116m (£70m) - in an old digital wallet from 2011.

That brings the total number of bitcoins the firm lost down to 650,000 from 850,000.

MtGox, formerly the world's largest bitcoin exchange, filed for bankruptcy in February, after it said it lost thousands of bitcoins to hackers.

"MtGox had certain old-format wallets which were used in the past and which, MtGox thought, no longer held any bitcoins," said Mt Gox chief executive Mark Karpeles in the filing.

However, "on March 7, 2014, MtGox confirmed that an old-format wallet which was used prior to June 2011 held a balance of approximately 200,000 bitcoins," he said.

Mr Karpeles said the firm moved the found bitcoins to offline wallets on 14 and 15 March so that they could not be targeted.

At the time of the MtGox theft, about 750,000 customer bitcoins were stolen as well as close to 100,000 of MtGox's own bitcoins.

That amounts to about 7% of all the bitcoins in existence.

MtGox recently won brief bankruptcy protection in the US as the firm's case works its way through Japanese courts.
JollyGood (OP)
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June 10, 2018, 12:57:03 PM
 #17

Something does not add up with those wallets, maybe somebody still has the private keys

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ivrynx
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June 10, 2018, 01:13:00 PM
 #18

I hope MtGox will just send the btc back to the owners and not sell them. Everytime they sell, it hurts the market pretty bad. They were offered to not sell it in exchanges so that the market wont be affected but still they continued dumping their coins in huge batches. I think they're gonna continue dumping as soon as btc recovers from the huge fall so they can get a better price for the btc.

I agree they should just give it back to their owners or sell them, it was due to them that the price of bitcoin started to fall from ATH, and as far as the news goes, they will be releasing the bitcoin they have up until september, so there is still a chance that the value now will still go down, hopefully they just give it back or release the bitcoins they have as soon as possible, since the market that we are seeing now is somewhat being manipulated bu Mt.gox, once it goes up, they sell their bitcoins at a higher price, and the value afterwards will drop.
bellamente
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June 10, 2018, 01:39:14 PM
 #19

I did not hear anything about it. Are all MtGox wallets arrested?

There are a lot of bitcoins on wallets, I wonder ... coins will be returned to traders ...

The main thing is that these were not dead bitcoins

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June 10, 2018, 02:53:29 PM
 #20

I agree they should just give it back to their owners or sell them, it was due to them that the price of bitcoin started to fall from ATH, and as far as the news goes, they will be releasing the bitcoin they have up until september, so there is still a chance that the value now will still go down, hopefully they just give it back or release the bitcoins they have as soon as possible, since the market that we are seeing now is somewhat being manipulated bu Mt.gox, once it goes up, they sell their bitcoins at a higher price, and the value afterwards will drop.
thanks to Mt.Gox bitcoin for the first time reached $ 1000, thanks to him, he falls now, and about the fact that the coins on these wallets lie without movement - maybe they lost access, a private key? surely it is very sad to lose such a key from wallet
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