Technology

Mt. Gox CEO’s Blog Has Been Hacked

The personal blog of Mark Karpeles, the CEO of Mt. Gox, has been hacked on Sunday. The hackers seemed to have taken the blog with the purpose to post a balance of no less than 950,000 bitcoins, based on certain records they obtained. 

According to the hackers, their post on Karpeles’ blog actually comes to contradict the claims that the CEO of Mt. Gox has made in Japan, saying that the company needed to file bankruptcy protection, as it had lost more than 850,000 bitcoins. 

Since the moment when Mt. Gox has filed for bankruptcy, its CEO has maintained a very low profile. The company filed for bankruptcy at the Tokyo District Court. The CEO announced then that 750,000 customer bitcoins are missing, 100,000 bitcoins of his own, as well as $27.3 million in customer deposits. 

So, Mt. Gox announced in February that they lost about $400 million bitcoins. The management team of the company claimed that they just went missing, being stolen by hackers. Now, a group of hackers decided to attack this blog to show that the company is actually lying. 

The hackers indicated that Mark Karpeles actually still has access to the bitcoins that he claimed to have been stolen. To prove that, the hackers used the CEO’s blog to upload a series of files, to sustain their claim. The hackers went on to say that Karpeles has been lying about this whole situation. 

“It’s time that MTGOX got the bitcoin communities wrath instead of [the] Bitcoin Community getting Goxed,” the hackers wrote. 

Even though the file that hackers posted might look real, its veracity is yet to be confirmed. If the file proves to be accurate, it actually shows that the company has stolen money from its customers. However, it also shows how easily hackers can break into the company’s system and access files. 

Mark Karpeles and Mt. Gox made no official statements until now to confirm or infirm these claims. No comments were made on the hacking of Karpeles’ blog, either. After the hacking attack, Karpeles’ blog went offline on Sunday. It remains to see what will happen.

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John Colston is currently the leader and coordinator of our team of writers. He lives in Colorado and is collaborating with Ironclad Integrity Unlimited Ltd since 2006.John is a passionate independent journalist with a lot of experience in team building and human resources management.If you have any questions, suggestions or editorial complaints about DailyGossip.org, contact John at John.Colston@dailygossip.org

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