Did Karpeles and his accomplices steal 850,000 coins?

[Mythul]

Probably. Even if it is just gross incompetence, it would be on such a scale that jail is justifiable.

I think the opposite. They were nicked in 2011, when worth a lot less but when the crime seemed a lot easier to cover up.

Probably this. Then the price exploded and accelerated their demise.

[Solarstorm75]

Spectacular. This guy get's protection from the court instead of prosecution. Weird!

Who are the insiders which dumped BTC on Gox since end of January 2014?

As stated here and further postings:
https://bitcointalk.org/index.php?topic=476535.msg5259712#msg5259712
https://bitcointalk.org/index.php?topic=26136.msg5270367#msg5270367


All trade records should be saved and the accounts involved backtraced!

[chessnut]

only one thing is certain - he is very thick.

you cannot own an exchange steal 700k coins and get away with it. I simply don’t buy that theory.

He simply screwed it up. He allowed double spending, he warmed up his cold storage, he took no caution and he had no expertise.

- or maybe the FBI has played a part in it - that I can believe.

Why can he not get away with it? Have you seen his smug face?

FBI? More like NSA or Japanese government!

Ive seen his smug face - but that will not help him against the forces of the US and Japanese govt. if you are involved with the heist of 300mollion dollars and your identity is known, you are done for. besides - he could have got away with 100 million without being noticed. it wasnt him.

[yrtrnc]

only one thing is certain - he is very thick.

you cannot own an exchange steal 700k coins and get away with it. I simply don’t buy that theory.

He simply screwed it up. He allowed double spending, he warmed up his cold storage, he took no caution and he had no expertise.

- or maybe the FBI has played a part in it - that I can believe.

Why can he not get away with it? Have you seen his smug face?

FBI? More like NSA or Japanese government!

Ive seen his smug face - but that will not help him against the forces of the US and Japanese govt. if you are involved with the heist of 300mollion dollars and your identity is known, you are done for. besides - he could have got away with 100 million without being noticed. it wasnt him.

No one cares if he stole poor peoples money. If anything governments love this. The less money people have the more they will work like slaves and pay them more taxes. Also, I dont think they would mind the fact that this is bad for bitcoins image. You see governments as angels, they are anything but!

[Rygon]

My bet is that the coins where either lost a long time ago or stolen by insiders. Whoever is responsible will probably get away with it though, because they will blame it on "faulty bitcoin code," and the investigators won't know enough to call out the BS. The only real evidence will be the log of all internal transactions, if that even exists. But that could be fudged also. At the very least though, MtGox would be guilty of some kind of commodities trading fraud, or the equivalent term in the Japanese legal system.

[SpeculateThis]

My bet is that the coins where either lost a long time ago or stolen by insiders. Whoever is responsible will probably get away with it though, because they will blame it on "faulty bitcoin code," and the investigators won't know enough to call out the BS. The only real evidence will be the log of all internal transactions, if that even exists. But that could be fudged also. At the very least though, MtGox would be guilty of some kind of commodities trading fraud, or the equivalent term in the Japanese legal system.

+1 I'm willing to bet that however it happened, was over a long period of time, not just "Oh hey did you check that cold storage wallet?  wait what...what do you mean there is nothing in there!?  ... but there was 850,000 coins in there last night!!!! "

[Money Raccoon]

If not he is not directly involved I just have to say - how can Mark Karpelles remain so calm having lost so much money. What the fuck is in that coffee?

Because he has known of the issue for a very long time now.

[Fiyasko]

He's not being specific about HOW the coins were lost, If there is a wallet.dat with a forgotten password, then lets crack it
The guy stole the money

[antimattercrusader]

You forgot to add "No, I stole all of them" to the poll.

[600watt]

i voted yes, but one thing does not fit:

mk owns tons of btc already. when you own $ 50 -100 million (or more) legally, why would you risk jail for more ? 

[yrtrnc]

i voted yes, but one thing does not fit:

mk owns tons of btc already. when you own $ 50 -100 million (or more) legally, why would you risk jail for more ? 

greed?

[yrtrnc]

You forgot to add "No, I stole all of them" to the poll.

done

[Bobsurplus]

I think its highly doubtful. Why would he want to take the BTC if he could earn them in a few short years.

[600watt]

i voted yes, but one thing does not fit:

mk owns tons of btc already. when you own $ 50 -100 million (or more) legally, why would you risk jail for more ? 

greed?

$ 100 mio is unimaginable. it´s abstract. greed, i think does not go beyond the abstract. he has family, it makes no sense to risk all that.

maybe his coins were stolen & he just stole some back  ...

[Serge]

"temporary unavailable"

[yrtrnc]

i voted yes, but one thing does not fit:

mk owns tons of btc already. when you own $ 50 -100 million (or more) legally, why would you risk jail for more ? 

greed?

$ 100 mio is unimaginable. it´s abstract. greed, i think does not go beyond the abstract. he has family, it makes no sense to risk all that.

maybe his coins were stolen & he just stole some back  ...

Only some..

[RodeoX]

A vote is always a good way to determine the truth. It's how we discovered the world is flat.

[sgdias]

Somebody said assassination market ?

[NChosting]

A vote is always a good way to determine the truth. It's how we discovered the world is flat.

This has nothing to the with the world being flat. This is a genuine question about a human being from a human being to human beings.

So its relevant what peoples sixth sense says. I do believe he had something to do with it. And he is guilty until proven innocent.

[cosmofly]

He didn't steal it that is not even a possibility


There are 2 possibilities

He forgot private key for cold storage
Gox was hacked past 8 months and btc stolen due to malleability crap