MTGOX whistleblower...the plot thickens.

[CryptoDomains]

http://valleywag.gawker.com/whistleblower-threatens-to-expose-corruption-at-bitcoin-1538965958/@laceydonohue

Should be interest.

[1714604232]

1714604232

[Bobsurplus]

Finally.. This is going to get hot and heavy.

[exponential]

I feel like I'm watching a movie everyday.

[lemfuture]

corruption like any other

[Chucky1976]

Imagine that!!

[casinocoin]

http://two-bit-idiot.tumblr.com/post/78868284696/coup-or-death-for-the-bitcoin-foundation

[CryptoDomains]

http://two-bit-idiot.tumblr.com/post/78868284696/coup-or-death-for-the-bitcoin-foundation

Thanks for the link

[Pangia]

The Forum was also complicit in the MTGOX mess. The MODS would shit-can any negative post or question regarding the solvency of MTGOX.  Hope the those specific MODS lost everything on GOX.

[repentance]

The problem with TBI's stance is that he's threatening to publish the information unless Vessenes and Matonis step down, which implies that he won't publish it if they do.  

That's not bringing transparency to the activities of the Foundation.  If he has evidence of wrong-doing, then he should publish it whether or not Vessenes and Matonis step down.  If he doesn't, then he becomes complicit in the "cover up" he alleges is occurring.

He's rapidly becoming the kind of media whore he yesterday accused Leah McGrath Goodman of being.  Unless he's willing to publish and be damned regardless of whether or not Vessenes and Matonis step down, then he's not a crusader for truth at all - he's just another egomaniac seeking validation.

[Omega0255]

Oh boy mtgox

[retrend]

nless he's willing to publish and be damned regardless of whether or not Vessenes and Matonis step down, then he's not a crusader for truth at all - he's just another egomaniac seeking validation.

Completely agree, the blog post is massively attention seeking.  He could have simply mailed the two guys in question with the facts he has and told them he would reveal unless they stepped down.

[repentance]

nless he's willing to publish and be damned regardless of whether or not Vessenes and Matonis step down, then he's not a crusader for truth at all - he's just another egomaniac seeking validation.

Completely agree, the blog post is massively attention seeking.  He could have simply mailed the two guys in question with the facts he has and told them he would reveal unless they stepped down.

Nope, that would just make him a blackmailer.  He has no integrity as a "whistle-blower" if there's any scenario under which he won't publish the information of wrong-doing he claims to have.  By not publishing, he's with-holding the very information he's accusing them of being wrong for with-holding.

[TKeenan]

nless he's willing to publish and be damned regardless of whether or not Vessenes and Matonis step down, then he's not a crusader for truth at all - he's just another egomaniac seeking validation.

Completely agree, the blog post is massively attention seeking.  He could have simply mailed the two guys in question with the facts he has and told them he would reveal unless they stepped down.

Nope, that would just make him a blackmailer.  He has no integrity as a "whistle-blower" if there's any scenario under which he won't publish the information of wrong-doing he claims to have.  By not publishing, he's with-holding the very information he's accusing them of being wrong for with-holding.

I don't care whether he is good guy or bad guy - if his information is correct and the board is stacked with this type of cheating, this is real bad for bitcoin. REAL BAD. 

[stsbrad]

It's good to see the mtgox and foundation stuff starting to get fired up and talked about here again. I for one think the whole satoshi bullshit that's happening right now was a clever ruse to draw attention away from the scandal. I don't want to be a weird tinfoil conspiracy theorist but none of this smells right.

[gwlloyd]

These few weeks must be the storm before the calm. Yeah right. Such fun

[vpitcher07]

Here comes a ANOTHER crash....

[goose20]

It's good to see the mtgox and foundation stuff starting to get fired up and talked about here again.

Yes, as a reminder to stop trusting third parties.

By the way, stop trusting third parties.

lol - If people get told enough times, maybe they will eventually listen. I mean, is a hundred times enough?

[CurbsideProphet]

The Forum was also complicit in the MTGOX mess. The MODS would shit-can any negative post or question regarding the solvency of MTGOX.  Hope the those specific MODS lost everything on GOX.

I don't recall this, I was warning people about Gox for years (as were many others) and I don't recall having any posts deleted.

[stsbrad]

It's good to see the mtgox and foundation stuff starting to get fired up and talked about here again.

Yes, as a reminder to stop trusting third parties.

By the way, stop trusting third parties.

lol - If people get told enough times, maybe they will eventually listen. I mean, is a hundred times enough?

Not even close to enough. The problem is that it's too convenient to store them online. Silly as all get out to do that but convenient. We can't expect the vast majority of the population to adopt bitcoin and not understand the concept of don't store your money in a "bank".

[repentance]

Not even close to enough. The problem is that it's too convenient to store them online. Silly as all get out to do that but convenient. We can't expect the vast majority of the population to adopt bitcoin and not understand the concept of don't store your money in a "bank".

Ironically, in the early days of MtGox Mark used to openly tell people not to use MtGox as a bank/online wallet (he used to discourage people from using it as a currency exchange, too).  I suspect it was more because people doing so weren't generating profit for MtGox so it was a pain in the ass for them to have to keep records for thousands of unprofitable accounts (not to mention the money laundering thing of people walking funds through an account being "suspicious" anyway).