The Latest in IT Security

Online sleuthing by Mt. Gox dispossessed throws up few clues

06
Mar
2014

By Jeremy Wagstaff SINGAPORE (Reuters) – Some of those who have lost bitcoins in the collapse of Mt. Gox have turned to internet sleuthing to find out where their money has gone – but theyre unlikely to have much luck. Forum websites like Reddit and internet relay chatrooms have attracted hordes of users as the Mt. Gox debacle unfolded in recent weeks. The crowdsourcing so far has been a miserable failure, said Emin Gun Sirer of Cornell University, who posted his own analysis challenging several theories about what may have happened at Mt. Gox. The problem, Gun Sirer and others say, is two-fold: users of such forums are not always methodical or disciplined in their research on one hand, and on the other, bitcoins combination of transparency and complexity invites the unwary to draw false conclusions.

Comments are closed.

Categories

TUESDAY, OCTOBER 20, 2020
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments