I'm sure we'll have an orderly audit and accounting for the loss of funds as adjudicated by the appropriate courts!
We need new songs, “you just got Do Kwon’d” instead of “Mt Goxxed”
https://www.youtube.com/watch?v=-z9Jwp2x86o
I saw them live, but was too lost in conversation during 95% of their performance, which is a shame because they went dark not longer after that. Still, ZT was a solid part of the history back then.
And for a more relevant track for the current sentiment:
Who'd have thought that failing to operate a bitcoin exchange is a thousand times more lucrative than actually operating one!
[1] If Mark owed you a bitcoin back in 2014, you're not going to get that bitcoin back. You're going to get somewhere between ~$200 and ~$600 back. He's going to keep the other $30,000.
Any way, believe it when I see it
I mean, who would change places with him? His head has a price, and he will never be able to hide anywhere in the world or spend any of that money. He is going to live the rest of his life being watched by authorities all around the world and he will have thousands of people believing he is holding the stash.
Gox was fractional before Karpeles even bought it, due to this hack of bitcoin.
Either way, if restitution goes as currently planned, he's going to walk away from this an incredibly wealthy man.
Individuals will keep suing him, but ~3 billion dollars can buy a lot of lawyers, and it seems unlikely that the government has anything left to prosecute him with.
It's also unfortunate, because a lot of the vibe I get from crypto people I run into (more online than in-person), is survival of the cleverest, and anything is cool if you can get away with it. People I knew outside of crypto who are into it (more on the eng-side), are pretty cool, though and usually don't only trust Bitcoin and see most alt-coins as scams.
I also think the BTC-E issue is bigger and gives me reason to think Mark Karpeles wrongfully served jail time in Japan (for the reason that he served time, there could be other reasons if people like that kind of consequence).
If your definition of crypto nut is that they yell at you if you disagree with them, then yeah, by definition there will be no reasonable crypto nuts.
I do not think ha actually did serve any time. "he was sentenced to 30 months in prison, suspended for four years, meaning he will serve no time unless he commits additional offenses over the next four years." according to https://en.wikipedia.org/wiki/Mark_Karpel%C3%A8s .
So he did serve some time. I'm not sure though if there is a big distinction between jail and prison in Japan like there is in the US though.
https://www.newsbtc.com/news/mark-karpeles-from-mt-gox-out-o...