Post
Topic
Board Service Discussion
Re: Concise Summary of Mt. Gox Problem and whether we should be concerned
by
DannyHamilton
on 28/02/2014, 19:02:37 UTC
Faulty software in MtGox's custom cold storage has resulted in 1.75 million inaccessible coins. Probably they will never be recovered but people are working very hard on this. This one of the reasons you will see the price surge. Of course, if the lost coins are recovered, that will cause a correction.

No.

That doesn't appear to be true.  You seem to be making things up out of your own imagination rather than paying attention to real facts.