Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mad Dawgg

Apparently there was a trading center in Japan that just went bust and “lost” some $450 million of the customers’ bitcoins in the process. They say it was hacked, but others are calling it embezzlement.


3 posted on 03/06/2014 7:31:36 PM PST by Carry_Okie (Islam offers us three choices: Defeat them utterly, die, or surrender to a life of slavery.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Carry_Okie

Yes. That is/was Mt Gox, leader in Bitcoin promotion and exchange. It’s CEO killed herself yesterday.


12 posted on 03/06/2014 8:26:54 PM PST by ctdonath2 (Making good people helpless doesn't make bad people harmless.)
[ Post Reply | Private Reply | To 3 | View Replies ]

To: Carry_Okie
that just went bust and “lost” some $450 million of the customers’ bitcoins in the process.

Amusingly it was originally founded to provide an out-of-game exchange for "property" in multiplayer online games...Seems people wanted to buy game artifacts like magic swords and such so as to avoid wasting the time playing as a newbie in the game...

19 posted on 03/07/2014 2:35:50 AM PST by no-s (when democracy is displaced by tyranny, the armed citizen still gets to vote)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson