Rickard Falkvinge: BitCoin Bank “Loses” One Billion Dollars — Complete Knowledge Lacking

Rickard Falkvinge
Rickard Falkvinge

Gox Goes Belly-up After Losing A Billion Dollars Without Noticing; Blames Fault In Corporate Bookkeeping Protocols

Cryptocurrency:  So it’s more or less official: MtGox, once the world’s largest bitcoin exchange, has died and taken all its holdings with it to the grave. This follows a long string of evasive statements, silence, and strange behavior from the exchange, particularly including bad customer service. The net is full of horror stories of people having lost their money, and claims of a “hack against the vault” are not credible in the slightest – here’s why.

Read full article.

Opt in for free daily update from this free blog. Separately The Steele Report ($11/mo) offers weekly text report and live webinar exclusive to paid subscribers, who can also ask questions of Robert. Or donate to ask questions directly of Robert.