Rookie question: Am I reading this right? The accounts with a BTC balance total up to a liability of 950k BTC

Whereas what's at the bottom is a transaction balance sheet of actual transactions in and out of Gox wallets, which implies an actual balance of 500k BTC. That's if there were no btc in the wallets at the start of the relevant time period. Is that total referring to year zero?


Currency: BTC     Balance:     951,116.21905382     <--- What they owe to their 80k+ customers

Total BTC Deposits:  19,065,241.307202    <--- since what date?
Total BTC Withdrawl: 18,563,466.149383   <--- since what date?
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BTC Difference:         501,775.157819      <--- So is this what they have in their wallets? Or is this based on their off-blockchain accounting system. (in which case they knew they were running a fractional reserve!)


Gox also claimed in it's bankruptcy protection that it has about half the fiat it owes. So if it went to liquidation we'd all get roughly half our corn back?

I'm unable to download the zip as I'm on a 3rd world internet connection.