Following its application for commencement of civil rehabilitation, MtGox Co., Ltd. consulted with the metropolitan police department with regard to the disappearance of bitcoins which is one of the causes for said application. MtGox Co., Ltd. hereby announces that it has submitted necessary electronic records and other related documents. MtGox Co., Ltd. intends to fully cooperate with each competent authority. Further, MtGox Co., Ltd. continues to make efforts to clarify facts as quickly as possible and to recover from damages.Discussion thread: http://www.reddit.com/mtgoxinsolvency/comments/21e20x/mtgox_site_update_26_march_2014_announcement_with/
I had this checked, it's not true sorry. [I've checked] directly with Mark (through a trusted source)Source: http://www.reddit.com/Bitcoin/comments/21c4lm/insider_tweets_to_say_mtgox_also_found_the_othecgc1ycn
Within a few days(or hours) @MtGox will announce that "they found ~670.000 #bitcoin & may release some BTCs to the victims. @PatronaPartnershttps://twitter.com/CanarslanEren/status/448418452701974528
- On March 7, 2014, MtGox Co., Ltd. confirmed that an oldn format wallet which was used prior to June 2011 held a balance of approximately 200,000 BTC (199,999.99 BTC)
- For security reasons, the 200,000 BTC which were at first on the 7th moved to online wallets were moved between the 14 th and the 15th to offline wallets.
- The bitcoins held today by MtGox Co., Ltd. amount to a total of approximately 202,000 BTC, including the above 200,000 BTC and the approximately 2,000 BTC which existed prior to the application for commencement of a civil rehabilitation proceeding.
Bitcoin exchange Mt.Gox which collapsed in February announced on 20th that they have found they're still in possession of the 200,000 BTC out of the 850,000 BTC that was reported to be lost./bitcoin thread here.
According to the lawyer, they found them on the 7th of this month by searching through a storage on the internet called a "wallet" which was being used by MtGox up until June 2011.
MtGox has reported that they have lost almost all of the 850,000 BTC owned while filing for bankruptcy protection on February 28th.
I just called the MtGox call centre in Japan - they confirmed that the login has been put there by "legal" and they have not been hacked. I called this number from the original banckrupty announcement (I called from Australia - we are only 2 hours ahead): +81 3-4588-3922. A nice man with an American accent said that the login has been put there by "legal" for users to check their balances and that the website has not been hacked.Redditcoin asked for transaction history data as well:
I called the number again (about an hour later) - again, absolutely no waiting - I called again to ask about my transaction history. The same man answered, with the American accent (although sounded Japanese), who spoke impeccable English. He said that the transaction history is still unavailable because the courts still have to "polish" it (whatever that means). I said I needed it for taxation purposes. He replied by saying he will "check on this, and post an update on the website soon".As for the balance data that can now be retrieved on mtgox.com, the site notes (emphasis mine):
This balance confirmation service is provided on this site only for the convenience of all users. Please be aware that confirming the balance on this site does not constitute a filing of rehabilitation claims under the civil rehabilitation procedure and note that the balance amounts shown on this site should also not be considered an acknowledgment by MtGox Co., Ltd. of the amount of any rehabilitation claims of users. Rehabilitation claims under a civil rehabilitation procedure become confirmed from a filing which is followed by an investigation procedure. The method for filing claims will be published on this site as soon as we will be in situation to announce it.
While the authenticity is still in question, if true this would be in line with all the rumors and hints we've seen up until now.
we are working on resuming service, can't say how soon it'll be
The only thing I can imagine myself is that whoever is doing the splitting decided 50 BTC was too little or would take too long and switched to bigger outputs per address.
"On February 7, 2014, all bitcoin withdrawals were halted by MtGox due to the theft or disappearance of hundreds of thousands of bitcoins owned by MtGox customers as well as MtGox itself. The cause of the theft or disappearance is the subject of intensive investigation by me and others -- as of the present time I believe it was caused or related to a defect or "bug" in the bitcoin software algorithm, which was exploited by one or more persons who had "hacked" the bitcoin network. On February 24, 2014, MtGox suspended all trading after internal investigations discovered a loss of 744,408 bitcoins presumably from this method of theft. These events caused among others MtGox to become insolvent and to file the Japan Proceeding."Discussion thread.
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TL;DR: Bitcoin mining pioneer and early investor Olivier Janssens marked the slightly more than three year anniversary of an ominous point in ecosystem history. “In 2016, I created a 2MB increase for Bitcoin,” Janssens explained, “and with Gavin [Andresen] on board, we quickly gained [consensus] with 80-90% of miners, businesses and users [….] Back in mid-May, we posted about bitcoin millionaire Olivier Janssens and an initiative he started to get the community to program a software platform that could replace the Bitcoin Foundation.A bounty of $100,000 was offered, and today, Janssens has announced a winner. We had a chance to make an interview with Olivier Janssens early adaptor back in London at CoinSummit.Olivier started mining really early back in 2010 and really knows how to live a great life as he was the very first who used his bitcoins to travel with a private jet using privatefly.com The dropping bitcoin price certainly has something to do with it. Several scandals and misstatements have also made them more unpopular in the past year, likely leading to a decrease in donations. One theory is that they spread themselves too thin in 2013 and 2014, and then a refocus on core development did not result in a re-energizing of the A few days ago, Foundation board member Olivier Janssens alerted the Reddit community of the organization’s recent troubles in a post titled, “The truth about the Bitcoin Foundation.
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Many People believe that bitcoin price is going to $10,000, or even $100,000. What happens if it doesnt? Can it still survive. Lighthouse, the crowdfunding platform led by Bitcoin core developer Mike Hearn, was awarded the $90,000 bounty today that Bitcoin entrepreneur Olivier Janssens presented in May as a challenge to ... 4:09 - Olivier Janssens' Tweet ... Anticipating $1M Bitcoin Price in Just Three Years, Calls BTC ‘Biggest Trade of Our Lifetimes’ - Duration: 16:45. Crypto News Alerts 2,878 views. In this episode we talk to Olivier Janssens, a Bitcoin early adopter and investor, and his associate Andrew Turner. We discussed Olivier’s recent $100,000 bounty replace the Bitcoin Foundation. Also discuss crowdfunding platform Lighthouse, developed by Mike Hearn and Olivier Janssens at end video that was originally invented to solve funding problem in Bitcoin Core and I believe would ...