This raises the question, who is lying?

In the Gox leaked crisis plan, it stated they had 2,000 Bitcoins to their name. This means either the document was false, Mark or an employee had lied in the document in an attempt to hide the funds or the firm have lost the private keys for the wallets rendering them nothing more than eye candy.

We are not claiming they didn't lose some coins legitimately to the malleability bug but there is no way that 500,000 coins could have been stolen. Even the planets worst auditor wouldn't have missed such a large amount of Bitcoins disappearing from the companies reserve.

Could this be an attempt to walk away with stashed Bitcoins or has the company been running on lies after finding out their wallets were missing funds and/or they lost the private keys.

He says he has 'identified the problem' and is 'working on it'
What else could that mean other than - they screwed up their wallets/keys and are trying to fix it now.

He says he has 'identified the problem' and is 'working on it'
What else could that mean other than - they screwed up their wallets/keys and are trying to fix it now.

... to trace where the GOX coins are.  They already compiled a nice list of addresses and institutions.   The institutions have the ID's of the users.
http://cseweb.ucsd.edu/~smeiklejohn/files/imc13.pdf

Given the size of these thefts, it shouldn't be hard to start placing some names to thefts. We need Gox to release some internal transaction info or at least contract with these folks to find who has it.
My bet is the US government has already been working with this group in tracing silk road transactions, perhaps sheep marketplace as well.

Never rest until these folks are caught, nor allow bitcoin to grow without showing there is some self policing going on, or deep regulations.


"With these thefts, our ability to track the stolen money provides evidence that even the most motivated Bitcoin users (i.e., crimi-
nals) are engaging in idioms of use that allow us to erode their anonymity. While one might argue that thieves could easily thwart
our analysis, as Heuristic 2 is admittedly not robust in the face of adversarial behavior, our observation is that — at least at present —
none of the criminals we studied seem to have taken such precautions. We further argue that the fairly direct flow of bitcoins from
the point of theft to the deposit with an exchange provides some evidence that using exchanges to cash out at scale is inevitable, and
thus that — again, at present — Bitcoin does not provide a particularly easy or effective way to transact large volumes of illicitly-
obtained money."

what do you think of this ?

http://www.reddit.com/r/Bitcoin/comments/1zc54t/evidence_that_karpeles_still_has_the_coins/cfsdexm