You are right Phineas, He knew exactly what he was/is doing.
Further proof that the piece of shit knew exactly what he was doing even knowing how to read accounting ledgers.
Hello Everyone
I created mtgox on a lark after reading about bitcoins last summer. It has been interesting and fun to do. Im still very confident that bitcoins have a bright future. But to really make mtgox what it has the potential to be would require more time than I have right now. So Ive decided to pass the torch to someone better able to take the site to the next level.
MagicalTux has already contributed a lot to the bitcoin community and in many ways he will be better at running the site than I was. He has much more experience with web programming, system administration and integrating with banks and other payment processors than I do.
Everything will still work the same as always for the time being. But expect a lot of positive changes after he takes over including:
Automatic (and free) funding from Euro accounts.
Automatic ACH deposit and withdrawal.
Margin trading.
Interface redesign.
Lifting the $1000 a day withdrawal limit.
Thanks to everyone that has supported mtgox so far. Cant wait to see BTC hit $10!
I can still be reached on the forum as "jed" or through fivegrinder.com
I'm sure that anybody able to integrate with banks knows a debit when he sees it. A motherfucker with a 190 IQ can't simply say that he had no idea where 700K+ BTC went.
Somebody order more fans, because this Mt Gox fiasco stinks to high heaven. Even Jehovah and Buddha are holding each other's noses 'cause the stench is so bad.