MTGOX CEO had his fingers in the cookie jar

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  • Wellness Cash
    Confirmed User
    • Nov 2013
    • 343

    #1

    MTGOX CEO had his fingers in the cookie jar

    http://www.coindesk.com/leaked-mt-go...firm-mandalah/

    Mt. Gox has allegedly never conducted a single audit of its customer deposits, and it is believed that Karpeles may have been the only one within the company to have knowledge of how to actually tap the exchange?s cold storage.

    It remains unclear exactly how this type of storage leak could have happened over a multi-year period without any knowledge on the part of the executives at Mt. Gox.
    That's how it reads to me at least.
    Wellness Cash - Launching 2014
  • Wizzo
    2011 GFY Hall of Fame!
    • Nov 2000
    • 15224

    #2
    Of course he did, everyone does, its unregulated and that's part of the problem with no regulation.
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    • ~Ray
      visit hardlinks.org
      • Jun 2003
      • 18361

      #3
      sucks to be him
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      • _Richard_
        Too lazy to set a custom title
        • Oct 2006
        • 30989

        #4
        Originally posted by Wizzo
        Of course he did, everyone does, its unregulated and that's part of the problem with no regulation.
        the regulation side doesn't seem to be any better.

        Comment

        • sandman!
          Icq: 14420613
          • Mar 2001
          • 15427

          #5
          not a big surprise
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          • NEW XTC
            Confirmed User
            • Jun 2010
            • 738

            #6
            corrupt as hell and it's starting to look like a robbery...

            But your prediction that everyone would lose 100 percent of their money isn't panning out so well - Gox is sending wires out as of yesterday, some people are getting paid
            Those who can make you believe absurdities can make you commit atrocities.

            -Voltaire

            Comment

            • Paul
              Confirmed User
              • Nov 2002
              • 2637

              #7
              Originally posted by ~Ray
              sucks to be him
              It will when he is executed, there is a lot of dodgy people laundering money through Bitcoin. He's living on borrowed time

              Comment

              • ilnjscb
                Confirmed User
                • Jun 2009
                • 8957

                #8
                Originally posted by NEW XTC
                corrupt as hell and it's starting to look like a robbery...

                But your prediction that everyone would lose 100 percent of their money isn't panning out so well - Gox is sending wires out as of yesterday, some people are getting paid
                Can you post a link to that information?

                Comment

                • Wellness Cash
                  Confirmed User
                  • Nov 2013
                  • 343

                  #9
                  Originally posted by NEW XTC
                  corrupt as hell and it's starting to look like a robbery...

                  But your prediction that everyone would lose 100 percent of their money isn't panning out so well - Gox is sending wires out as of yesterday, some people are getting paid
                  Well considering wires from GOX have been delayed for upwards of 6 months (we're still waiting on a wire from back in August of last year) it isn't really surprising some people are getting wires.

                  Hopefully we'll get one of the wires we actioned 6 months ago too.

                  That doesn't mean those funds are coming from what people had stored in their wallet. It could just be people getting previous actioned payouts before they shut down and ran off with everyones funds.

                  Their site still says that all transactions have been closed, you'd imagine if funds were being released they'd have updated the front page about that.

                  But by all means, if you have proof that wires are being sent for wallet funds after they shut down, I am sure thousands of people around the globe would love to see it.
                  Last edited by Wellness Cash; 02-27-2014, 08:59 AM.
                  Wellness Cash - Launching 2014

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                  • rocky1234
                    Confirmed User
                    • Jun 2012
                    • 273

                    #10
                    Originally posted by Paul
                    It will when he is executed, there is a lot of dodgy people laundering money through Bitcoin. He's living on borrowed time
                    he could be executed? wow. they don't mess around there.

                    Comment

                    • adultmobile
                      No, I am not banned
                      • Nov 2003
                      • 5345

                      #11
                      Originally posted by rocky1234
                      he could be executed? wow. they don't mess around there.
                      A few assassins (i.e.: killer, hitmen) was paid in bitcoin. So, such assassins needed MtGox to cash out. Result: the MtGox guy owe to a few assassins. Not the best situation.




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                      • NEW XTC
                        Confirmed User
                        • Jun 2010
                        • 738

                        #12
                        [QUOTE=adultmobile;19998054]A few assassins (i.e.: killer, hitmen) was paid in bitcoin. So, such assassins needed MtGox to cash out. Result: the MtGox guy owe to a few assassins. Not the best situation.




                        only a full blown asshole...a dumb asshole to boot - would post info about a hit offer on the pres
                        Those who can make you believe absurdities can make you commit atrocities.

                        -Voltaire

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                        • brassmonkey
                          Pay It Forward
                          • Sep 2005
                          • 77390

                          #13
                          lord its in japan later money
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                          • 420
                            cuck
                            • Mar 2003
                            • 11571

                            #14
                            Maybe ytc robbed mtgox

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                            • SplatterMaster
                              Confirmed User
                              • Jan 2012
                              • 790

                              #15
                              He looks like hes had his fingers in a lot of cookie jars

                              Comment

                              • Paul
                                Confirmed User
                                • Nov 2002
                                • 2637

                                #16
                                Originally posted by rocky1234
                                he could be executed? wow. they don't mess around there.
                                With the amount of money we're talking about I wouldn't be surprised if/when it happens, that's all I'm saying.

                                Comment

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