Quote from: Peter R on March 02, 2014, 10:01:28 PM

Later this day, a group of hackers gained access to MtGox servers and executed fake trades that the world could see, driving the nominal price of bitcoin near $0. Mark was frantic. He quickly regained control of the servers and learned the dark truth: the million bitcoins that had recently flooded in earlier that month were gone. Mark admitted publically to the hack, rewound the false trades, but kept the truth of the missing coins a secret.

Which transactions show the 1M BTC transfer from and away from MTGox? So many BTC must be tracable... ok. reading up on the total output...
~~Didn't MTGox have a withdraw limit already at that time? Or was that withdrawlimit coupled to the BTC price on mtgox?~~ It seems that withdraw limit was coupled to the BTC price and had a huge bug anyway.... Didn't use MTGox a cold wallet at that time for 1M BTC?
Did people really see Willy sell BTC in February? Here is from earlier: http://www.reddit.com/r/BitcoinMarkets/comments/1uhjrb/intriguing_bot_activity_on_gox_for_the_last_2
readin up here and I am shocked: https://bitcointalk.org/index.php?topic=20207.msg252680#msg252680

Quote from: Peter R on March 03, 2014, 05:36:34 AM

Quote from: damnek on March 03, 2014, 05:32:38 AM

Mark was in #bitcoin-dev at the time of the heist asking the bitcoin devs to roll back the blockchain, so that lines up with this theory.

Very interesting. You wouldn't happen to have an IRC log or a link handy to a thread discussing this, would you?

Yes I'd like to see that too...

manifold

PS: yes I also was goxxed... :-(
PPS: Interesting story, that at least explains all the events... but I hope it's not too close to the truth.
PPPS: The most puzzeling thing for me was the missing Fiat... and your story (A bot selling/buying fake BTC) explains this....

manifold

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