Post
Topic
Board Bitcoin Discussion
Re: Mt.Gox:One thing that could have gone wrong. (also posted on reddit today)
by
Elwar
on 25/05/2015, 22:08:10 UTC
Never knew of the ability to give your private key on MtGox. Seems like a ridiculous method of deposit unless they immediately moved the coins to an address that they fully controlled. And only verified the funds once those coins had moved.

You do not own coins unless you (and only you) have the private key.