There is no fucking way 700,000 BTC disappears with nobody noticing. This must have been building for a long time.
Was there never any attempt to compare BTC in wallets to customer balances?
Or did MtGox know about this problem, and hope to cover it up over time?
Either case is at least gross negligence if not criminal fraud.
Yes, we all fuck up at some point. But I don't pretend to be a surgeon and perforate a patient's aorta. Pretending to be competent to gain people's trust is fraud.
I sympathize with those who lost money in this clusterfuck.
Was there never any attempt to compare BTC in wallets to customer balances?
Or did MtGox know about this problem, and hope to cover it up over time?
Either case is at least gross negligence if not criminal fraud.
Yes, we all fuck up at some point. But I don't pretend to be a surgeon and perforate a patient's aorta. Pretending to be competent to gain people's trust is fraud.
I sympathize with those who lost money in this clusterfuck.
No sympathy for Karpeles.