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Re: MtGox: What happened / Why a rollback is the only right call here...
by
nathanrees19
on 21/06/2011, 13:47:04 UTC
That explains the question:
Was it a real trade? Where the trades real? Answer: no

What was it then?
Answer: A software exploit. This could have happened on many different levels. It could've been a SQL Database attack, it could've been an exploit in the website code itself, etc....

What information is this based on? The current "official" story is that read-only database access was obtained through a side channel.

No further information is needed to explain the observed sales. That is simply the effect of filling every single open buy order.