Report Indicates Mt. Gox Still in Possession of 200,000 BTC

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Last Updated: October 7, 2020 11:39 am

1 min read

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A report from Yahoo Japan indicates that now-defunct bitcoin exchange Mt. Gox has allegedly announced that they’re still in possession of about 200,000, just over 20 percent of the 850,000 bitcoins claimed to have been lost some weeks ago.

The news originated from a lawyer, who said that the exchange “found” the bitcoins on March 7th by searching through a wallet being used prior to June 2011.

If true, the incompetence on behalf of Mt. Gox here would be even more jarring than it already is. In addition, it would also align with reports of moving Mt. Gox funds (to the tune of 180,000 BTC), as pointed out by the community at social sharing website Reddit.com a number of days ago.

No additional information has been provided on the matter, as of this time.

As usual, the company did not respond to an inquiry from newsBTC on the matter.

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