Post
Topic
Board Bitcoin Discussion
Re: $2 Billion Lost in Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims
by
Wexnident
on 03/10/2019, 09:55:28 UTC
Moscow-based law firm ZP Legal claims to have identified Russian nationals who received bitcoin stolen in the 2014 hack of Mt Gox. Local law enforcement is investigating Alexander Vinnik, the alleged operator of the defunct exchange BTC-e. ZP Legal says Mt Gox creditors who come forward as potential BTC-e victims may help Russian authorities establish a connection between the exchanges. To cut a deal with law enforcement, those who benefited from the Mt Gox hack might offer to return funds to the exchange’s creditors, the law firm reckons.

https://www.coindesk.com/2-billion-lost-in-mt-gox-bitcoin-hack-can-be-recovered-lawyer-claims

Ouch. That's a huge cut out of them if their claims could ever become true. 50-75 percent cut on the coins retrieved, and the coins that could be retrieved would only amount to a quarter of the original amount. Though if it ever was returned, at least the owners would have something to have by the end of it. Although reduced by a huge amount. Sadly though, the returned amount would not be on bitcoin but rather a flat currency instead. I'd rather receive bitcoin to be perfectly honest. Much more worth it imo.