"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Behind the Biggest Bitcoin Heist in History: Inside the Implosion of Mt. Gox
Submitted by KenK on Fri, 2016-05-27 00:00
in
“Former employees of Karpeles say that he might have made it all work. They claim rogue U.S. government agents seized $5 million of Mt. Gox funds in summer 2013 in retaliation for Karpeles’s refusal to cooperate with them. This seizure supposedly cut into the firm’s operating reserves, which may have been the beginning of the end, at least according to the former Mt. Gox accountant.”
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