Categories: Science & Technology

MtGox boss web accounts attacked by hackers amid growing frustration over Bitcoin loss

The web accounts of Mark Karpeles – boss of the troubled MtGox Bitcoin exchange – have been attacked by hackers.

The attack on Mark Karpeles accounts seems to have been motivated by growing frustration over the actions of MtGox.

Last month MtGox stopped trading and filed for bankruptcy after finding out that $465 million in Bitcoins had been lost via a security bug.

Many have called on the exchange to release more information about what happened to the lost Bitcoins.

The attacks were mounted on the personal blog and Reddit account of Mark Karpeles and left the hackers in charge of both social media accounts.

The attack on Mark Karpeles accounts seems to have been motivated by growing frustration over the actions of MtGox

Hackers used their access to grab detailed information about trading activity at MtGox. They then shared their findings by posting a 716MB file containing much of what they had found.

The material posted included an Excel spreadsheet of more than one million trades, entries from MtGox’s business ledger and information about its back-office administration software.

“It’s time that MtGox got the Bitcoin community’s wrath instead of [the] Bitcoin community getting Goxed,” wrote the hackers in a message accompanying the data dump. The word “Goxed” has been used to describe the sudden interruptions in trading MtGox imposed when it was going through technical problems before its final closure.

According to Forbes writer Andy Greenberg, although $465 million in Bitcoins (approximately 744,000 coins) had supposedly gone astray from MtGox, no activity suggesting they had been traded had been seen in the blockchain – the central list of buying and selling that underpins the entire Bitcoin network.

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Nancy Clayson

Nancy is a young, full of life lady who joined the team shortly after the BelleNews site started to run. She is focused on bringing up to light all the latest news from the technology industry. In her opinion the hi-tech expresses the humanity intellectual level. Nancy is an active person; she enjoys sports and delights herself in doing gardening in her spare time, as well as reading, always searching for new topics for her articles.

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