The soap opera continues around Mt. Gox. After numerous people question the actions of Mt.Gox, some even went for lawsuits against Mt.Gox, there is more news coming in of irregularities at Mt.Gox. First there was the fact that Mt Gox let trading in Bitcoin continue but with no withdrawal possibility. Second there was information leaked that the CEO of Mt. Gox did know beforehand that there were huge problems with the site but did nothing/not enough to prevent the problems or worked on any meaningful solutions. Third Mt.Gox blatantly lied to their traders and customers about the severity of the problems. Now Mt. Gox comes on the scenes with a statement that “they have found 200 000 bitcoins in old wallets”.
Does anyone still believe the lies that Mt Gox is spreading? Some people would say “ they didn’t know about it”. Yes that is a possibility but then the people should be all retarded to the millionth degree. If you have such a big business in trading btc’s and altcoins you need to beef up your security constantly so you can prevent theft. Not doing so is foolhardy and stupid. Another sign of the so called “incompetent defense” is that “they just found some 200 000 Bitcoins they thought they lost”. How weak an excuse is this? It comes after the “ my dog/cat ate my homework” defense.
The modus operandi that Mt.Gox is now implementing is probably giving some of the btc back, under the guise that “they found some in old wallets”, while keeping the rest to have a good laugh after the lawsuits. When it feels like a scam, smells like a scam, tastes like a scam IT IS A SCAM.
Meanwhile the people who lost their btcs don’t know what will happen next. Will there be a partially payout and how will that come to pass? Will there be some kind of justice or will it all be for naught? We will be back after these commercials.. wait no. We will be back when Mt.Gox is spewing more BS in the courts.