So whatever happened with Mt. Gox?

[trashymonkey]

Been away from the computer for a while. I was wandering what was the final fate of Mt. Gox? Last time I checked, it had crashed, and no one thought they would get their money back. But there was rumors that people might get back a percentage back or something.

So any updates? Anyone get arrested or sued? And do we know for sure now that it was hackers? A lot of people were speculating that the exec's over there just took the money and ran.                                                                                                                                                                                                                                                                           

[hulk]

Been away from the computer for a while. I was wandering what was the final fate of Mt. Gox? Last time I checked, it had crashed, and no one thought they would get their money back. But there was rumors that people might get back a percentage back or something.

So any updates? Anyone get arrested or sued? And do we know for sure now that it was hackers? A lot of people were speculating that the exec's over there just took the money and ran.                                                                                                                                                                                                                                                                           

The money is gone, end of story.

[gondel]

Been away from the computer for a while. I was wandering what was the final fate of Mt. Gox? Last time I checked, it had crashed, and no one thought they would get their money back. But there was rumors that people might get back a percentage back or something.

So any updates? Anyone get arrested or sued? And do we know for sure now that it was hackers? A lot of people were speculating that the exec's over there just took the money and ran.                                                                                                                                                                                                                                                                           

The money is gone, end of story.

After the shutting down of the site and rejecting BTC withdraws they said that they found half of the stolen amount somewhere on their server or something like that and they were saying for a long time they will return all the money of the people who invested. But of course that never happened.
BR

[dailey123]

almost put my money on there one day glad i did not do it cause of the verification system

[r34tr783tr78]

There are several threads detailing what happened and what is going on after they ceased activity:
https://bitcointalk.org/index.php?topic=179586.0
https://bitcointalk.org/index.php?topic=476535.0
https://bitcointalk.org/index.php?topic=492776.0
https://bitcointalk.org/index.php?topic=485933.0

[UkashExchange.Net]

They are talking about bankruptcy... Who went bankrupt? Mtgox... Who got the bitcoins and money without return? Mtgox... So they became billionaire under the pretext of bankruptcy.

[Pobre]

They officially claimed that they still have 200K btc left with them, and the gox is now preparing to return them back.

[UkashExchange.Net]

They officially claimed that they still have 200K btc left with them, and the gox is now preparing to return them back.

Do you believe that they will return? I don't think so...

[Skycraft]

Simply... One of the guys felt super safe but was clearly Not... i heard some rumors about some polite suggestionato fix the ports and he sayd "I'm OP! None can take us down" and Boooom!!!


Ahahahaha      


They sayd they Will fix theirself.. No way, I say

[odolvlobo]

Bankruptcies take years to process. This won't be resolved for a long time.

[CEG5952]

They officially claimed that they still have 200K btc left with them, and the gox is now preparing to return them back.

I doubt they will be returned. I think they will be liquidated by the bankruptcy trustee/administrator and after various creditors are paid, customers will get a slice. That's my story and I'm sticking to it.

[ReserviorHunt]

According to willy report and other sources......it is highly likely that mt.gox either 1) suffered a greater setback through hack attempts than they let on, 2) willingly manipulated their own markets and orders with bots to steal customer funds 3) both.

I have been doing extensive research on these matters and reading up on several well investigated articles. Karpales, or whatever the fatass's name, is truly fucked.

[Este Nuno]

According to willy report and other sources......it is highly likely that mt.gox either 1) suffered a greater setback through hack attempts than they let on, 2) willingly manipulated their own markets and orders with bots to steal customer funds 3) both.

I have been doing extensive research on these matters and reading up on several well investigated articles. Karpales, or whatever the fatass's name, is truly fucked.

When you say that Karpeles is fucked, what do you mean by that? Like do you think he's legally fucked? Like he'll be actually charged with something by law enforcement(Japanese?). Or do you mean he's fucked like he's just fucked up in the head?

[Pierre11]

They officially claimed that they still have 200K btc left with them, and the gox is now preparing to return them back.

I doubt they will be returned. I think they will be liquidated by the bankruptcy trustee/administrator and after various creditors are paid, customers will get a slice. That's my story and I'm sticking to it.

Everything bitcoins still  is going to allow to pay the creditors institutional and the employees thus the holders of bitcoins have little luck to see one day the color.

[CryptoKilla]

Bankruptcies take years to process. This won't be resolved for a long time.

Not only this but even if it does get processed way down the road, I highly doubt anyone will see their coins back. It's better to just count it as a loss and rebuild what you may have lost.

[ReserviorHunt]

According to willy report and other sources......it is highly likely that mt.gox either 1) suffered a greater setback through hack attempts than they let on, 2) willingly manipulated their own markets and orders with bots to steal customer funds 3) both.

I have been doing extensive research on these matters and reading up on several well investigated articles. Karpales, or whatever the fatass's name, is truly fucked.

When you say that Karpeles is fucked, what do you mean by that? Like do you think he's legally fucked? Like he'll be actually charged with something by law enforcement(Japanese?). Or do you mean he's fucked like he's just fucked up in the head?

Death under suspisciou circumstances, or as they call it in US, 'by accident'. There may have been funds in that exchange that belonged to not so honest people, the nkind of people who many of my countrymen know not to mess with unless they ahve a death wish. Only a conjecture at this point, but possbilities are strong.

[Gargulan]

Depositors will most likely get back at least 50% of the bitcoin given the large amount of bitcoin Mtgox still hold.

[ampere9765]

Depositors will most likely get back at least 50% of the bitcoin given the large amount of bitcoin Mtgox still hold.

They only said they had 200k, right? Weren't they short 800k? That's only 25% right there, and there will be other creditors in line as well. Plus administrative/court expenses...

[Este Nuno]

Depositors will most likely get back at least 50% of the bitcoin given the large amount of bitcoin Mtgox still hold.

That is an incredibly optimistic estimate I would say. 200k btc wasn't close to 50% and who knows how the bankruptcy is going to pan out.

[TwinWinNerD]

They likely ran a ponzi scheme with fractional reserve that got busted when the price collapsed.