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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Mt. Gox Now Allowing Users to Log In to View Balances

newsbtc
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Last Updated: October 7, 2020 11:39 am
2 mins read

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MtGox Balance Confirmation

Troubled and now-defunct bitcoin exchange Mt. Gox updated their website on Tuesday morning with what they’re calling a ‘balance confirmation service’, allowing users to log in with a username and password to view their balances at the time the exchange shut down late last month.

Already on social media, speculation is rampant, with some even suggesting the login form is a scammer’s way of harvesting usernames and passwords.

Several users have reported on this Reddit thread that their balances are reported correctly.

The login form is accompanied with the following statement:

Important announcement to all users confirming their account
This balance confirmation service is provided on this site only for the convenience of all users.
Please be aware that confirming the balance on this site does not constitute a filing of rehabilitation claims under the civil rehabilitation procedure and note that the balance amounts shown on this site should also not be considered an acknowledgment by MtGox Co., Ltd. of the amount of any rehabilitation claims of users.
Rehabilitation claims under a civil rehabilitation procedure become confirmed from a filing which is followed by an investigation procedure. The method for filing claims will be published on this site as soon as we will be in situation to announce it.

The exchange did not immediately respond to an inquiry from newsBTC regarding the purpose of this service (though we can only speculate that it’s available to serve as a tool of reference for individuals filing a claim for rehabilitation), but for now, if you’re brave enough to see what you lost – you at least an opportunity to do so.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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