Tag Archives: mtgox

Bitcoin Gold and exchanges that support it

List of Bitcoin exchanges and wallets with information about supporting Bitcoin Gold

Bitfinex is supporting BTG and has already credited Bitcoin holders with our BTG. Post is here.

Bittrex supprting, but deposits closed already. Their post here.

HitBTC supporting both Bitcoin Gold and Segwit2x. Their post here.

Bitstar has announced their support for BTG on their announcement post here.

Coinbase info from their blog post

Poloniex might distribute BTG depending on the replay protection fix, they posted today about it here.

Cex.io will split the coins and distribute to their users after the fork. See blog post here.

Gemini no statement about it yet

Mercatox no statement yet

Wex no statement about BTG yet

Bitmex no statement about BTG yet, only mention of Segwit2x on their blog here.

Trezor just released information about them supporting Bitcoin Cash on their blog here.

Ledger Nano S no statement about it yet, but there are reports that as long as your BTC are stored in “legacy” or “segwit” wallets then once replay protection is setup for BTG then you’ll be able to redeem your BTG tokens.

Mtgox is not supporting Bitcoin Gold

and a lil bit of Jimmy Song’s views and you can read more about BTG and their development team at their website https://bitcoingold.org

Mark Karpeles arrested by Japanese Police for bitcoin fraud

August 1, 2015 Tokyo police arrest former CEO of Mt. Gox Mark Karpeles on charges of stealing over $1,000,000 from users of his bitcoin exchange also tampering with financial records to inflate his bank account.

MtGox CEO Mark Karpeles arrested in Japan

MtGox CEO Mark Karpeles arrested in Japan

See more at BBC World News here.

Or at ZDNET here.

Mt Gox situation will pass and bitcoin will thrive once again

Mt Gox (aka “Empty Gox”) filed for bankruptcy protection Mark Karpeles admits all the money is gone, vid/article here. As of now there is an estimated 750,000 – 850,000 bitcoins that have gone missing from MtGox.

mtgox_protest Kolin Burges

For those of you that had money or bitcoins in your MtGox account, the recovery process has begun. There is a class action suit against MtGox and CEO Mark Karpeles, to join the class action suit check this page http://www.mtgoxrecovery.com There are currently over 1000 participants. The actual Greene vs MtGox Inc file is here.

Here is a nice timeline of MtGox since they began exchanging bitcoins back in 2011. Check it out here.

To those that lost on MtGox I wish you all good luck getting your money and bitcoins back.

Okpay to stop performing wire transfers with Mtgox

Mtgox with Okpay, is no more!

Mtgox with Okpay, is no more!

Negative news for the Bitcoin world today. It looks like Okpay is suspending payments with MtGox.

This is the actual press release statement from MtGox:

Statement Regarding OKPay Integration

Tokyo, Japan, May 28th, 2013 – Mt. Gox has recently been informed by OKPay, one of
our longtime partners, that they are planning to stop performing wire transfers to and from
all Bitcoin exchanges, including Mt. Gox.

OKPay is offering a solution, but in the meantime we want to make sure that Mt. Gox
customers and the Bitcoin community are well-informed about this development. While
we are not completely clear about the dates of the transition, we would like to make a
couple of points clear:

•We will soon stop accepting deposits via OKPay. This may take up to a couple of
weeks, but it will happen eventually.
•Withdrawals to OKPay accounts will not be cut immediately, but will only be
allowed up to the amount that OKPay users have deposited into Mt. Gox via
OKPay. Beyond that amount there are other methods of withdrawal available.

Mt. Gox wishes the best to OKPay, and we look forward to working together more closely
in the future. The Bitcoin economy is going through many changes recently, and we are
positive that they will ultimately work themselves out in the best interests of the
community and the World.

The actual PDF file is here.

This is the news posted on Okpay website:

Bitcoin processing temporarily suspended

Dear customers, we are currently suspending bitcoin processing.

Department of Homeland security says Dwolla cannot fund MtGox accounts

Finance your Mtgox account with Dwolla, no more

Finance your Mtgox account with Dwolla, no more

Here is a cut and paste, email from Dwolla to their customers:

As of 12:13 PM on 5/14/2013:
You’re receiving this notice because our systems have indicated that you’ve processed and completed a real-time Dwolla-to-Dwolla payment to Mutum Sigillum LLC (“Mt. Gox”) within the last 24 hours.
Due to recent court orders received from the Department of Homeland Security and U.S. District Court for the District of Maryland, Dwolla is no longer legally able to service Mutum Sigillum LLC’s account.
This is a courtesy email encouraging you to follow up on any uncompleted orders with Mutum Sigillum LLC as Dwolla is now unable to move money to and from Mutum Sigillum LLC’s Dwolla account.
Dwolla is not party to this matter nor does it have any information or further insight into the situation. We strongly encourages those with questions to contact Mutum Sigillum LLC
Note: Dwolla requires a court order before honoring requests such as seizing funds or revoking access to an account.
On behalf of Dwolla, we apologize for this inconvenience.

Mt. Gox Dwolla Warrant PDF

US-based Coinlab files lawsuit against MtGox

Press Room All things Bitcoin
CoinLab Files Breach-Of-Contract Suit Against Mt. Gox

SEATTLE (May 2, 2013) — CoinLab, the world’s first U.S. venture-backed Bitcoin company, today filed a complaint in the United States District Court for the Western District of Washington alleging breach of contract against Japan-based Mt. Gox, the world’s largest exchange for the digital currency Bitcoin.

“While it’s unfortunate that our agreement with Mt. Gox has not proceeded as planned, our hope is that we can quickly resolve the issues and clear a path to better serve our U.S. and Canadian customers,” said Peter Vessenes, CEO, CoinLab, Inc.

CoinLab and Mt. Gox entered into an agreement in November 2012 to provide Bitcoin purchase, sale and exchange services to customers in the U.S and Canada. As an established player in the North American Bitcoin industry—registered and fully compliant with the Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN)— CoinLab provided Mt. Gox with U.S. financial and investment partnerships necessary to drive more U.S. volume and pave the way for institutional investors and high net-worth individuals to buy and hold large amounts of the digital currency.

In return, under the agreement CoinLab would handle all of Mt. Gox’s North American transactions, providing enhanced product delivery, liquidity and customer service to the North American Bitcoin market.

However, Mt. Gox did not fulfill key terms of the agreement. Mt. Gox continued to market to North American customers and failed to provide CoinLab with account reconciliation data, service access and other information essential to fulfilling the terms of agreement, eventually attempting to ban all customers who had worked with CoinLab.

“We invested multiple staff years and significant resources into making this deal a success,” Vessenes said. “While it’s disappointing to file a lawsuit, we can rest assured that we tried every other avenue to resolve the issues outside of the courtroom.”

Vessenes continued: “My continued hope is that Mt. Gox will do what’s best for U.S. and Canadian customers and settle this matter quickly, allowing our customers to transact in the U.S. with a fully licensed and registered company that meets American standards for service quality. It’s most important to me that customers are able to maintain uninterrupted flow of services, and I hope that Mt. Gox shares that goal and works to resolve this dispute.”

CoinLab is represented by Edgar Sargent, Floyd Short and Lindsey Godfrey Eccles of Susman Godfrey LLP and Roger Townsend of Breskin, Johnson, Townsend PLLC.

CoinLab, headquartered in Seattle, is the world’s first U.S. venture-backed Bitcoin company. It was funded in April 2012 by a group of progressive investors including Tim Draper, Geoff Entress, Barry Silbert, Roger Ver and Joel Yarmon.

Coinlab Contact : Peter J. Vessenes, 855-LAB-COIN, peter@coinlab.com

Mt.Gox & Coinlab Announce Strategic Partnership to Bolster American Presence, Celebrate $1/2 Billion per Year in Annualized Trades

Seattle, Washington – February 28, 2013. Mt. Gox, the owner of the world’s dominant Bitcoin exchange, announced today that they have selected CoinLab as their exclusive partner in the United States and Canada. As of March 29, all US and Canadian customers currently transacting with Mt.Gox will transact through CoinLab, Inc.

“This move will bring local product delivery, liquidity and customer service to a huge group of Bitcoin fanatics,” said CEO of CoinLab, Peter Vessenes. “We’re excited by, and awed at the responsibility we have caring for our over 100,000 new customers and over a half-billion dollars in annualized trade volume.”

Mt.Gox will continue to provide back-end exchange clearing services, and transition over handling of customer accounts, deposits, withdrawals, and other functions to CoinLab’s US-based team.

“This should be a huge win for everyone — faster deposit and withdrawal times, easier-to-reach customer service, and better access for United States financial markets, market makers and liquidity providers” said Mark Karpeles, Managing Director of Mt. Gox.

CoinLabs plans for the customer base? “Service, Service, Service. Oh, and also, Liquidity, Liquidity, Liquidity,” said Vessenes. “Also, we’re planning on launching some pro trading tools; we have some samples up for comment and review ahead of launch at http://coinlab.com/liquidity.”

CoinLab is the world’s first US Venture-backed Bitcoin Company; it was funded in April 2012 by a group of progressive investors, including Tim Draper, Roger Ver, and Geoff Entress.

Mt.Gox Contact : press@mtgox.com

Coinlab Contact : Peter J. Vessenes, 855-LAB-COIN, peter@coinlab.com

Interview with MTGox CEO Mark Karpeles

Interview Mtgox CEO Mark Karpeles

Interview Mtgox CEO Mark Karpeles

Mtgox CEO Mark Karpeles is in this Reuters video interview explaining his opinion about how the Bitcoin value fluctuates and what is needed to take the Bitcoins to the “next step” and raising it’s value. He seems very realistic, even explaing that BTC is possibly a risky investment, but that also it’s a sure thing in the long run.

Operation Shock and Awe

I just seen this file that is a greedy and lowlife attempt at attacking Bitcoin trading websites so that the users involved can buy the BTC once they’ve lowered the price, and then sell once the price has gone back up.

Really shady technique some people will use to get money. Really lowlife scum.

Here is the exact information:

Operation Shock And Awe 2013-04-22

Operation Shock And Awe 2013-04-22

===Date: Monday 2013-04-22
===Start time of event: 15:30 UTC
===Goal: Bring bitcoin price < $30 US dollars Members, here it is, today's timeline of events. 15:30-15:45 UTC - Spread bogus AP press releases to 50+ national US and British media outlets and 100+ local outlets indicating exchange site Mt. Gox under investigation by Japnese government for securities fraud, with seizure and asset freeze soon 15:45-16:00 UTC - After initial publication of bogus AP press releases, spam story on reddit and upvote with sock accounts, spread panic in comments using sock accounts 16:00 UTC - Several sellers lined up for a coordinated dump of 250,000+ BTC which will crash the price to under 100 to correlate in time with publication of bogus AP reports 16:10 UTC - Massive coordinated http packet flood (distributed F5) from botnet of 1,000,000+ compromised machines on the following sites: - https://www.mtgox.com - https://btc-e.com - https://www.coinbase.com - https://www.bitpay.com - https://www.bitinstant.com - https://www.bitcoitalk.org - http://s2.bitcoinity.org - http://bitcoinium.com/ - http://bitcoincharts.com/ 16:30 - 17:00 UTC - During the ddos, buy only from Bitstamp which will not be included in the ddos but was included in the coordinated dump. 17:00 UTC - Stop ddos, buy as much cheap bitcoin from MTGOX as possible as quickly as you can 17:00 or later - Bogus AP reports will be corrected / debunked as hoax, price will rebound Potential profit 200-300% You all know your stations, distribute this paste to the rest of the group as it won't last long on the hidden wiki. Don't let this get out to the public, we need the price to remain high at 120 leading up to the event for maximum effect. ~~ PREPARE FOR SHOCK AND AWE ~~ http://pastebin.com/QAPxhEbP

Blame it on Mt.Gox

Here’s a cute youtube video parady about Mt. Gox crashing due to the DDOS, mentions of Bitcoinity and ClarkMoody also being down, and how “I could’ve had it all” a parady from Adele’s song “We Could Have Had it All”. Pretty funny and entertaining.

"I Could have had it all" Mtgox/Adele parody

“I Could have had it all” Mtgox/Adele parody


The “You’ve been goxed” image is included in the video too.