Satoshi

Bitcoin

April

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/news/former-mt-gox-ceo-reveals-new-information-about-stolen-bitcoins/">Former MT. Gox CEO Reveals New Information About ‘Stolen’ Bitcoins</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>In recent news, Mark Karpelès, the former CEO of the now-defunct Japanese exchange, Mt. Gox, has made an announcement via Twitter regarding the ownership of 80,000 Bitcoins (BTC).&nbsp;</p> 
<p>Taking to his Twitter handle, Mark said that the transfer of 80,000 Bitcoins from the Mt. Gox exchange to a Bitcoin wallet, which has a public address starting with 1Feex, was unauthorized. The platform’s wallet did not authorize this transaction, raising concerns about the security and integrity of the exchange.</p> 
<p>He wrote, “I hereby certify that the 79956.55 Bitcoins sent to the 1Feex address on March 1st 2011 were transferred without proper authorization from MtGox’s original bitcoin wallet, and are considered stolen property belonging to the MtGox estate for the profit of the MtGox creditors.”</p> 
<p>The situation has become even more complex due to the involvement of Dr. Craig Steven Wright, who is known for controversial claims in the cryptocurrency community. Dr. Wright is asserting that he is the legitimate owner of the 80,000 Bitcoins in question, adding to the ongoing dispute.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">I hereby certify that the 79956.55 Bitcoins sent to the 1Feex address on March 1st 2011 were transferred without proper authorization from MtGox's original bitcoind wallet, and are considered stolen property belonging to the MtGox estate for the profit of the MtGox creditors.</p>— Mark Karpelès (@MagicalTux) <a href="https://twitter.com/MagicalTux/status/1686319162447085570?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 1, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Following Dr. Craig Steven Wright’s claim of ownership over the BTC held in the 1Feex address, a wallet that reportedly received funds stolen from Mt. Gox, his actions were met with a legal response. Wright has also been involved in a long-standing effort to claim that he is the pseudonymous creator of Bitcoin, known as Satoshi Nakamoto.&nbsp;</p> 
<p>Back in 2011, a hack caused losses to creditors who are still waiting for refunds. The registration for repayment closed in April this year, and creditors now expect to be paid by October. Though the schedule may still change with approval from the Tokyo District Court, there is hope that the repayments will be worth the wait in the end.</p>

Former MT. Gox CEO Reveals New Information About ‘Stolen’ Bitcoins

CoinPedia News

Other articles published on Aug 2, 2023

Litecoin Network Implemented 3rd Mining Reward Halving

Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy

Micheal Saylor: Bitcoin ETFs Not A Threat To MicroStrategy

Bitcoin: Microstrategy Plans $750 Million Stock Offering To Buy BTC

Bitcoin (BTC) is Inching Closer to $30K, What’s Next?

BALD Meme Coin Loses 96% of Volume, Price Down Horribly

Join our free newsletter for daily crypto updates!