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Mt.Gox "Finds" Nearly Quarter Of Bitcoins It Had Said Was Missing

•, by Tyler Durden
Mt.Gox Chief Executive Mark Karpeles said his insolvent company found the 200,000 bitcoin assumed lost in a digital wallet, or storage file, that hadn't been used since 2011. As a reminder, when Mt.Gox filed for bankruptcy at the end of February, it reported 850,000 bitcoins were lost, mostly belonging to its customers, with Karpeles stating at the time only 2,000 bitcoin were left, blaming hackers and technical issues for the loss. It turns out there may have been more than met the eye, and one can surely accuse Karpeles of a completely lack of knowing what was truly going on at his company.
As WSJ reports, following the announcement, "some users investigated the possibility that some coins were still inside Mt. Gox, once the dominant exchange for the virtual currency. Bitcoin transactions are tracked via an online ledger, leading many users to hope that at least some bitcoins could be tracked down and recovered."

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