MtGox Finds 200,000 Lost Bitcoins, Updates Software Vulnerabilities
MtGox says it found 200,000 Bitcoins in an old-format online wallet and has updated its software to prevent so-called transaction malleability attacks that led to its bankruptcy filing.
MtGox said on Friday that it found 200,000 lost Bitcoins in an old-format online wallet on March 7, a week after the digital currency exchange filed for bankruptcy, reports Reuters. MtGox CEO Mark Karpeles said he believed the “forgotten” wallet no longer held any Bitcoins until checking again after the bankruptcy protection filing.
Tokyo-based MtGox claimed hackers were responsible for the exchange’s loss of 850,000 Bitcoins (worth around $500 million today). But online sleuths soon discovered that around 200,000 Bitcoins were moving through the crypto-currency exchange after the bankruptcy filing, and its 127,000 creditors remain skeptical about Karpeles’ explanation.
The exchange confirmed in a statement that on March 14-15, it moved the 200,000 bitcoins from online to offline wallets and reported the new storage activity to the court and supervisor through counsels.
Reuters
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