Wednesday, 22 April 2015

Bitcoin theft at Mt Gox began in 2011, latest report claims

From Payments Eye –
 “The theft of bitcoins from Mt Gox started as early as 2011, according to a new report probing further into the exchange’s collapse.

Mt Gox’s missing bitcoins were stolen long before the exchange collapsed in February 2014, according to a report from Tokyo-based security firm WizSec. In fact, they were siphoned off over a longer period of time, starting in 2011.

The exchange had been operating on a fractional reserve basis – unwittingly or not – for a good few years before its collapse.”

Read more>>

Website Statistics mortgage payment calculator