Post
Topic
Board Service Discussion
Re: Concise Summary of Mt. Gox Problem and whether we should be concerned
by
bananas
on 28/02/2014, 18:27:00 UTC

We don't know exactly how any scam at MtGox worked, because no one has put out a statement yet. There have been some rumours that MtGox has, through its poor implementation, consistently had problems creating valid transactions, so they lashed together an automated resubmit of any transaction that they thought had failed, thus enabling a massive draining of funds via transaction malleability. This is hearsay.


Not possible, he is not ignorant regarding bitcoin and if he were his friends on bitcoin github and bitcoin foundation are not.  The malleability thing is BS.