Report Indicates Mt. Gox Still in Possession of 200,000 BTC
A report from Yahoo Japan indicates that now-defunct bitcoin exchange Mt. Gox has allegedly announced that they're still in possession of about 200,000, just over 20 percent of the 850,000 bitcoins claimed to have been lost some weeks ago. The news originated from a lawyer, who said that the exchange "found" the bitcoins on March 7th by searching through a wallet being used prior to June 2011. If true, the incompetence on behalf of Mt. Gox here would be even more jarring than it already is. In addition, it would also align with reports of moving Mt. Gox funds (to the tune of 180,000 BTC),....
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Mt. Gox confirmed the existence of this wallet in a new press release. A new report suggests that Mt. Gox, the now-bankrupt Japan-based exchange said to have lost 850,000 BTC in customer funds may actually still be in possession of 200,000 BTC ($118m at press time). The news, published by Yahoo Japan, allegedly comes from the exchange's bankruptcy lawyer who suggests the bitcoins were found on 7th March in a wallet used by Mt. Gox prior to June 2011. The 200,000 bitcoins would equate to just over 23% of the entirety of the funds presumed lost by the company in the wake of widespread theft....