Bitcoin News: Mt. Gox CEO Accused of Hoarding ‘Stolen’ Coins

Hackers claim Mt.Gox has a balance of 951,116 bitcoins

   

Bitcoin News: Mt. Gox CEO Accused of Hoarding ‘Stolen’ Coins

Hackers have accused Mt. Gox CEO Mark Karpeles of holding on to stolen bitcoins.

Bitcoins185 Bitcoin News: Mt. Gox CEO Accused of Hoarding Stolen CoinsA group of anonymous hackers claim to have hacked into Mt. Gox and found evidence of fraud. The hackers posted in a blog that Mt. Gox didn’t actually have the bitcoins stolen from them, but instead that they faked the event and filed for bankruptcy in order to keep around $500 million worth of bitcoins, reports UPI.com

The post from the hackers included a database dump that allegedly shows personal data, a spreadsheet of trades, Mt.Gox’s bitcoin balance and screenshots of the hackers’ access to the data. The hackers claim that this data shows that Mt. Gox has a balance of 951,116 bitcoins, UPI.com notes.

Some Reddit users have claimed that the Bitcoin database released by the hackers is real. These users claim that they have been able to find their own accounts within the database, reports Forbes.

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Article printed from InvestorPlace Media, http://investorplace.com/2014/03/mt-gox-bitcoin-exchange/.

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