Official Money Lost in Mt. GOX Thread

[tvbcof]

It was looking pretty likely in 2013 that these guys were going down.  Thus:

 - Something like 0.001 BTC.
 - Something like $4.00

I did take go ahead and put some of my draw-down in the form of a risk.  Thus:

 - A $5k wire from mid Aug 2013
 - Identity docs - Value to me: ~$10k

The wire is fairly inconsequential.  The value was chosen to be enough to warrant some sort of action if it was a loss but otherwise relatively small compared to my other activities.

The identity docs, on the other hand, hurt!  If Karpeles loses/sells them to criminals he'll be a life-long enemy and I'll happily absorb an expense to see him and gaybauchery suffer.  If he simply hands my documents over to my government (U.S.) that is acceptable since I recognize that he'll have no realistic choice and I expected that he was probably already under that pressure when I sent them (shortly before requesting my wire.)

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[seleme]

11BTC

[Definit]

I don't even feel like saying tbh... as i read over the believable amounts posted... it made me feel even more sick.


Mark Karpeles. I will in fact be aware of your every location..

[renfr]

Spread the poster in your town and over the internet!

Pedophilia... wat?

[5ick3uffalo]

Zero.


Thanks because https://www.therocktrading.com/ not even trusted them long time

[boumalo]

It was looking pretty likely in 2013 that these guys were going down.  Thus:

 - Something like 0.001 BTC.
 - Something like $4.00

I did take go ahead and put some of my draw-down in the form of a risk.  Thus:

 - A $5k wire from mid Aug 2013
 - Identity docs - Value to me: ~$10k

The wire is fairly inconsequential.  The value was chosen to be enough to warrant some sort of action if it was a loss but otherwise relatively small compared to my other activities.

The identity docs, on the other hand, hurt!  If Karpeles loses/sells them to criminals he'll be a life-long enemy and I'll happily absorb an expense to see him and gaybauchery suffer.  If he simply hands my documents over to my government (U.S.) that is acceptable since I recognize that he'll have no realistic choice and I expected that he was probably already under that pressure when I sent them (shortly before requesting my wire.)

mtgox is based in Tokyo and they were not managing their business well but do you really think someone from the company could sell our identity documents??

It seems unlikely since it would be a huge crime and the guy who sold them could be found

Do people actually buy identity documents?? I wonder how much it can cost

[sexjam]

i lost  ~3BTC and faith

[malevolent]

0 BTC
0 fiat
an unverified account

[Buffer Overflow]

i lost  ~3BTC and faith

Not faith in Bitcoin I hope.

[tvbcof]

...
The identity docs, on the other hand, hurt!  If Karpeles loses/sells them to criminals he'll be a life-long enemy and I'll happily absorb an expense to see him and gaybauchery suffer.  If he simply hands my documents over to my government (U.S.) that is acceptable since I recognize that he'll have no realistic choice and I expected that he was probably already under that pressure when I sent them (shortly before requesting my wire.)

mtgox is based in Tokyo and they were not managing their business well but do you really think someone from the company could sell our identity documents??

It seems unlikely since it would be a huge crime and the guy who sold them could be found

Seems that Mt. Gox employed people from all over the place to do various support functions.  This is more common than not in today's world.  These people probably had access to the entire collection of documents.  I seems highly unlikely to say the least that Mt. Gox had any sort of access control or monitoring on this data.

I'll bet that Mt. Gox barely even know who the supports staff they hired were, much less did anything like having criminal background checks on them or even really any sort of code of conduct training.  And they are hardly going to be in a situation to track down thefts from here forward.

My biggest mis-estimate here was in thinking that given the problems in the past and given the huge amount of money that Mt. Gox had been raking in, that they would be reasonably up-to-speed in data security functions by now.  Oops.

Do people actually buy identity documents?? I wonder how much it can cost

I assume they do since they certainly expend some effort to rip them off via hacks.  And also identity theft is very common and presumably reasonable lucrative.  I asked on this board once if there were anyone who knew that answer to that question but nobody piped up.  I never had a Silk Road account and don't frequent the criminal IRC channels or whatever, so I didn't have a very good way to get the answer for myself.  Would be interesting to know however.

[Xialla]

43BTC

[5ick3uffalo]

43BTC

OMG , sorry for your Loss  thats 20k US$

[ShroomsKit_Disgrace]

A humble but heartbreaking 1.15BTC 

[madzooka]

After these Mark Karpeles is probably on every customer's blacklist

[cloudhasher]

http://www.prweb.com/releases/2014/03/prweb11639887.htm

CloudHashing.com Announces Mt. Gox Customer Relief Effort

AUSTIN, Texas (PRWEB) March 05, 2014

Leading Bitcoin mining company CloudHashing.com has announced a Mt. Gox customer relief effort by offering an exclusive discount on mining contracts to distressed Mt. Gox customers.

Mt. Gox customers can start earning Bitcoins immediately after purchasing a CloudHashing.com mining contract.

As reported by Wired's Robert McMillan in "The Inside Story of Mt. Gox, Bitcoin’s $460 Million Disaster" the longstanding Bitcoin exchange recently disclosed massive losses.

CloudHashing.com employee Lukas Gilkey, among several others, personally lost more than $40,000 overnight when Mt. Gox became insolvent. Gilkey and the CloudHashing.com team developed the Mt. Gox relief effort to support others like himself.

"I was angry and outraged by what happened, and I know many feel the same way. I wanted to create something to help people like me," said Gilkey. "If we can come together as a community and help pick others up when they're down, it will say a lot about who we are as a group and our commitment to one another's success."   

Mt. Gox customers should email Relief@CloudHashing.com with proof that they held an account with the exchange. Acceptable verification includes email correspondence or other communication (with account numbers or other sensitive information hidden) to qualify for the exclusive discount.

CloudHashing.com invites other Bitcoin businesses to launch similar initiatives to support the Bitcoin community.

"The Bitcoin community is a large family, and when a significant portion of this family is hurt, we need to rally behind them. As a trusted and established Bitcoin company, we felt an obligation to act. We believe in Bitcoin, and we believe in the Bitcoin community. We hope others will follow our lead," said Emmanuel Abiodun, CloudHashing.com's chief executive officer.

Bitcoin is an increasingly popular online currency and technology that is changing the way many are purchasing things online in the same way the Internet revolutionized how people connect to one another.

CloudHashing.com's announcement comes on the heels of the company being featured in the New York Times article "Into the Bitcoin Mines" and in Data Center Knowledge "As Bitcoin Infrastructure Booms, Mining Heads to the Data Center"

Cloudhashing.com is a Bitcoin mining technology company where customers can purchase mining contracts and earn bitcoins via their website with no technical knowledge. It is a pioneer in the Bitcoin industry and was the first to introduce cloud-based Bitcoin mining. The London-based company has thousands of customers worldwide.