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Being directly involved in this I'm not going to comment as of the veracity of the article myself, but rather point to a response of when this was posted on twi
by MagicalTux 6y ago
Being directly involved in this I'm not going to comment as of the veracity of the article myself, but rather point to a response of when this was posted on twitter (look at the extra responses for some fact checking):
https://twitter.com/wizsecurity/status/1355973512012292096 https://twitter.com/wizsecurity/status/1355973512012292096
- contingencies 6y agoWhen's the book coming out?
- koolba 6y agoThe default twitter algo selection of comments is random gibberish. Anything more specific to point to?
- marcolussetti 6y agoI think he's pointing to the comments by @wizsecurity specifically, in response to the @bloomberg one.
- Qub3d 6y agoHere's the thread unrolled: https://threader.app/conversation/1355926433646972933/UcAWDzZDZk https://threader.app/conversation/1355926433646972933/UcAWDz...
- MagicalTux 6y agoThe WizSecurity comments are shown as a thread, those are the most relevant imo
- modeless 6y agoFor those who don't know, MagicalTux is Mark Karpeles, owner and CEO of Mt Gox. Assuming this is his real account. And for what it's worth, I agree that this is a bad article based on what I know about the situation. Bloomberg reporting in general is questionable these days if you ask me. I don't trust them since the false Supermicro hack story (never retracted BTW) and I've seen several other bad stories from them since then.
- rasengan 6y agoIt’s real (re account)!
- threepio 6y ago> the false Supermicro hack story (never retracted BTW) So the idea is that Bloomberg, a company owned by a multibillionaire, published a story full of libel, and for some inexplicable reason none of the corporations damaged by that story sued them? Or maybe ... the story is true, and those mentioned found it embarrassing, so they put out denials to the press and social media that will never have to be scrutinized (say, under testimonial oath in a deposition)?
- akiselev 6y ago> Or maybe ... the story is true, and those mentioned found it embarrassing, so they put out denials to the press and social media that will never have to be scrutinized (say, under testimonial oath in a deposition)? These are publicly traded companies - everything they say is scrutinized. What's not scrutinized is internal communications and logs, which would be fair game in discovery in event of a lawsuit against a media organization, which are uniquely suited to defend those types of lawsuits.
- dylan604 6y agoAnd what, maybe made some kind of deal to not follow up on it? It just disappeared. No retraction, but I also don't recall seeing further articles in support/defending its position/etc. The entire situation was very suspect from every angle.
- 6y ago
- zoba 6y agoMark, the security errors in Mt Gox cost me sums of money that would have completely changed the life of myself and my family. Mostly I have moved on from this, but occasionally I multiply my Mt Gox holdings by the current price of Bitcoin and imagine how life could be. I have never heard you express sorrow for the individuals whose lives you so negatively impacted. I have no idea if you have plans to make amends for this. Even now, the top of r/MtGoxInsolvency is a post about opening an exchange again to earn money back for the creditors. Do you have any thoughts on how to make things right? https://www.reddit.com/r/mtgoxinsolvency/comments/ldnrxv/reopening_the_exchange_a_discussion/ https://www.reddit.com/r/mtgoxinsolvency/comments/ldnrxv/reo.... Yes of course I'm a part of the legal proceedings, but those seem to never end, and seem unlikely to bring any significant recompense. I can't imagine living a life where so many people direct such incredible ill will towards myself, as you live. Especially given that early Bitcoin folks were often disreputable, and the amount of money you cost them, I assume you must have concerns for your own physical safety. I hope that you'll consider those of us who are still hurt by your negligence by choosing your words and presence carefully.
- deleted 6y ago[deleted]
- dfhjklk 6y agoThis is a very thinly veiled threat.
- downandout 6y agoI originally started my HN account to ask what I should do when my cofounder screwed me out of $12.8 million I was owed as the result of the sale of our company that he forced me out of and sold without telling me. My username came from that era of my life. I cannot even begin to describe how different my life would be had my cofounder not done this. It is unlikely that I will ever again create something that valuable, and accordingly I have a profound sense of loss over it. So speaking from personal experience...while your anger is completely justified, you have to let it go, or it will destroy you. It’s just one of those things - a random, traumatic event that instantly and irrevocably changes the trajectory of your life, that you can do nothing about. These are jarring reminders that the world is a cold and unfair place, that the universe is not in fact looking out for us, and that people are not “mostly good” as many of us were raised to believe. But holding grudges, even against people that have inflicted unimaginable trauma on you, only hurts you.
- dogweather 6y ago> Being directly involved in this I'm not going to comment as of the veracity... Why not? Just be transparent.
- redegg 6y ago> You will likely receive more than you initially deposited into MtGox through the bankruptcy, but I do not know what you call "significant recompense." I was one of those claimants who sold approximately the account value north of 1000 Bitcoins to bring myself in what I thought was a better position when all of your withdrawal methods were blocked. I attempted to withdraw BTC into BitcoinBuilder, but you guys had my account flagged for additional review from a previous TX I had made weeks ago. I had literally zero other options and you guys locked up all of my balance. Some recompense could be given to now fiat claimants who sold all of their BTC holdings into USD _the day_ that Mt.Gox shut down. There were quite a handful of individuals who did with the same rationale this in the hours leading up to the website shutdown. I'm pretty sure they are the minority of claimant cases looking at /r/MtgoxInsolvency posts. Today, the difference in market value those few hours for me would have been approximately been $7.9 MM vs. ~500k USD + penalties. There were zero guidance the days that you had your withdrawals blocked off, and any communication of what was going on especially in those few hours would have made such a difference in the 7 years that we/I had our money locked up. Please look into these accounts that had this sort of activity _in the hours_ leading up to Mt. Gox's shutdown. If any group would be significantly impacted by any recompense, it would be us