Tag Archive: Mark Karpeles Bitcoin Exchange MtGox

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    WizSec Study: Mt. Gox Insolvent As Early As 2011

    The Bitcoin community has always speculated that Mt. Gox was insolvent before its collapse in early 2014. A new study done by WizSec now confirms this speculation. The study reports that MtGox was insolvent long before it collapsed, with thieves were routinely stealing bitcoin from the exchange’s reserves. Also Read: Mt. Gox Investigation Continued: WizSec Report Released! The WizSec study also confirms that the majority of the missing Gox bitcoin was stolen by someone on the inside — echoing a report

    · April 23, 2015 · 3:00 pm