Bitcoin Forum
July 07, 2024, 01:31:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2014-07-05] Man recovers $500,000 in bitcoins he mistakenly sent to defunct Mt.  (Read 1059 times)
erono (OP)
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
July 05, 2014, 01:45:55 AM
 #1

http://www.dailydot.com/lifestyle/800-bitcoin-recovered-mt-gox/

The Bitcoin community on Reddit verified TheDJFC’s story and helped him determine that the address where he sent the Bitcoin belonged to Mt. Gox. It’s not clear whether or not the Mt. Gox address was one that TheDJFC once controlled, but it was quite clear that the bitcoins were stuck there.

Justin00
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
July 05, 2014, 01:52:28 AM
 #2

Kind of vague as to how he got them back ?
or did I not read the article right ?

Bit_Happy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1040


A Great Time to Start Something!


View Profile
July 05, 2014, 04:00:18 AM
 #3

Kind of vague as to how he got them back ?
or did I not read the article right ?

"...the Bitcoin community on Reddit advised TheDJFC to hire a lawyer to reach out to the bankruptcy trustee that’s now in charge of Mt. Gox.
After taking those steps, TheDJFC was able to recover the bitcoins,.."

Looks like the lawyer helped, but how much did that cost him?

Lethn
Legendary
*
Offline Offline

Activity: 1540
Merit: 1000



View Profile WWW
July 05, 2014, 05:28:47 AM
 #4

Of course the article is going to be vague, these journalists know even less about recovering lost Bitcoins than I do, even if an expert explained things to them they wouldn't post it up because they wouldn't be able to comment on it.
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
July 05, 2014, 06:00:59 AM
 #5

That is awesome that he got them back. I felt terrible for him when I read the thread about it. I suspect he will be a bit more careful about addresses now.

s.mouse
Member
**
Offline Offline

Activity: 71
Merit: 10


View Profile
July 05, 2014, 11:37:39 AM
 #6

Kind of vague as to how he got them back ?
or did I not read the article right ?

"...the Bitcoin community on Reddit advised TheDJFC to hire a lawyer to reach out to the bankruptcy trustee that’s now in charge of Mt. Gox.
After taking those steps, TheDJFC was able to recover the bitcoins,.."

Looks like the lawyer helped, but how much did that cost him?

Lol. "Helped". The lawyers probably just threatened them with even more legal battles.
roslinpl
Legendary
*
Offline Offline

Activity: 2212
Merit: 1199


View Profile WWW
July 05, 2014, 02:13:42 PM
 #7

It's kinda huge mistake : send $500k to wrong address ...
I though that reach people are always taking an extra care while transfering such a huge amounts Smiley but perhaps I was wrong.


+10 for recovering - however it was done Cheesy
Bit_Happy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1040


A Great Time to Start Something!


View Profile
July 05, 2014, 02:54:39 PM
 #8

I am shocked he got it back. The Gox legal team could have said you are added to our list of creditors.

howardb
Hero Member
*****
Offline Offline

Activity: 574
Merit: 500


View Profile
July 05, 2014, 03:22:38 PM
 #9

I'm shocked aswell, normally the bankruptcy procedure does not allow 'preferred creditors' which is essentially what has happened here. If I was an unpaid mt.gox creditor, I would launch a legal challenge to this.
LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148
Merit: 1011


In Satoshi I Trust


View Profile WWW
July 05, 2014, 03:29:12 PM
 #10

wow, maybe mark was sleeping and didn´t notice that Wink

roslinpl
Legendary
*
Offline Offline

Activity: 2212
Merit: 1199


View Profile WWW
July 05, 2014, 04:11:30 PM
 #11

wow, maybe mark was sleeping and didn´t notice that Wink

Well if they had access to that address they had to give him back or they will have to face another scam attempt.

As he knew where he did send his coins. He knew what address to look at from blockexplorer so gox could scam or give it back - they choose to give it back = gj.
kjlimo
Legendary
*
Offline Offline

Activity: 2114
Merit: 1031


View Profile WWW
July 05, 2014, 07:09:50 PM
 #12

I'm shocked aswell, normally the bankruptcy procedure does not allow 'preferred creditors' which is essentially what has happened here. If I was an unpaid mt.gox creditor, I would launch a legal challenge to this.

Agreed; I am an unpaid mtgox creditor & I'll offer you 1/3 of anything this would get me as bounty for doing the homework on this.

PM me if interested.

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!