Attorney subpoenaed Mt. Gox, other bitcoin businesses: source

Comments (10)
Rizarsky wrote:

Where were all these prosecutors when Wall Street robbed the world blind just a few years ago?

Feb 26, 2014 10:48am EST  --  Report as abuse
sabrefencer wrote:


Feb 26, 2014 10:50am EST  --  Report as abuse
AlkalineState wrote:

“Regulators probe Butcoin, findings not pretty.”

Feb 26, 2014 4:28pm EST  --  Report as abuse
ooskalooska wrote:

“Right now is a sweet buying opportunity. I don’t think you’re going to see bitcoin go this low for awhile – if ever again.”

Sure…. says the CEO of one of the remaining bitcoin exchanges. Sounds like what Bear Stearns was trying to do with their worthless subprime mortgage hedge funds back in 2007, igniting the biggest financial collapse in U.S. history by dumping their entire holding. No thanks, Jordan… you can keep your worthless bitcoins.

Feb 26, 2014 5:33pm EST  --  Report as abuse
Kypselian wrote:

Japan police is after them. they are finished

Feb 26, 2014 5:54pm EST  --  Report as abuse
gizmogoose wrote:

soon-ish? don’t blame the coin blame the player.

Feb 26, 2014 6:00pm EST  --  Report as abuse
reverb256 wrote:

The price took a 15% hit and recovered within a few hours.
The market is becoming more resilient!

Feb 26, 2014 7:51pm EST  --  Report as abuse
JohnnyGG wrote:

Actually it was a 25% hit, saw it in real time from $530 to $400 in an hour or so. Then up 50% in the last 12 hours. So that is a 75% swing in just over a day. Not what I could call a stable currency, or a store of value, a giant Ponzi scheme I’d say.

Feb 26, 2014 9:47pm EST  --  Report as abuse
Neurochuck wrote:

Maybe the Yakuza started as customers, but liked the business so much they took it over. The old boss might be chained in a basement, watching homemade snuff videos.
The Yakuza never dies in Japan.

Feb 26, 2014 9:49pm EST  --  Report as abuse
jreighley wrote:

Inaccuracy #1, Mt Gox was not the largest exchange on Feb 7th.

Inaccuracy #2. Bitcoin users do not deposit their bitcoin into wallets on exchanges. Wallets are independent of exchanges. The problem with Mt Gox was the the users put their bitcoin in trust to Mt Gox rather than storing them in their own wallet..

There are probably more, but I really wish reporters would know what they are writing about before they publish falsehoods.

Feb 27, 2014 3:40pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.