Mt. Gox Exchange's CEO blog Hit by Hackers - BestCyberNews: Online News Presenter in the present world

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Mt. Gox Exchange's CEO blog Hit by Hackers

Hackers defaced the official blog of Mark Karpeles, the CEO of the Bitcoin exchange Mt. Gox. After gaining access to balances, the hackers have determined that CEO lied to customers when he said that their Bitcoins had been stolen.

The hackers also posted a 716 megabyte file to Karpeles’ personal website that they said comprised stolen data from Mt. Gox’s servers.
MTGOX got the bitcoin communities wrath instead of Bitcoin Community getting Goxed. This release would have been sooner, but in spirit of responsible disclosure and making sure all of ducks were in a row, it took a few days longer than would have liked to verify the data.


The hackers said “It’s time that MTGOX got the bitcoin communities wrath instead of Bitcoin Community getting Goxed. This release would have been sooner, but in spirit of responsible disclosure and making sure all of ducks were in a row, it took a few days longer than would have liked to verify the data,” 

According to hackers Mt. Gox’s balances in various currencies, they point to a claimed balance of 951,116 bitcoins, which they take as evidence that Mark Karpeles’ claim to have lost users’ digital currency to hackers is fraudulent.

In fact, it may simply show how Mt. Gox’s accounting mismatched with its actual store of Bitcoins that it was counting bitcoins as being safe in its coffers when they had already been stolen by thieves.

Moderators on the Bitcoin subforum on Reddit deleted the hackers’ post a few hours after it first appeared, stating that posting stolen content violated the forum’s etiquette rules. 


Author Venkatesh Yalagandula Follow us Google + and Facebook and Twitter

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