Mt. Gox looks in an old wallet and finds 200,000 Bitcoins


In an echo of what sometimes pleasingly happens in the physical world, Mt. Gox has found 200,000 missing Bitcoins worth around $116M in an old virtual wallet from 2011.

The exchange had shifted the money into the wallets, which were offline, in order to protect them from hackers.

However, 650,000 Bitcoins that were probably online and more prone to attack are still missing following a massive breach that caused Mt. Gox to file for bankruptcy.

ETFs: BITCN, BTCS

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Comments (3)
  • scabalqu
    , contributor
    Comments (264) | Send Message
     
    There are NO established financial controls at Mt. Gox. They deserved to be hacked and go out of business.

     

    How can you just find 200k bitcoins? Did they even knew that they were missing?

     

    Maybe if they check the sofa in the virtual living room, they can find some more coins. Muppets.

     

    Hahaha!
    21 Mar 2014, 06:58 AM Reply Like
  • fxdudeinmia
    , contributor
    Comments (668) | Send Message
     
    Bitcoin is the most overreported, overhyped thing on the planet. Why do we have to hear news virtually every day about Bitcoin? zzzzzzzzzzzzzzz..........
    21 Mar 2014, 08:29 AM Reply Like
  • Mike Andrewes
    , contributor
    Comments (75) | Send Message
     
    Whats 200k times worthless? Id hope for less idiots in the world, but astute investments would then be harder to come by.
    23 Mar 2014, 06:38 PM Reply Like
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