Mt Gox BTC recovery proposal

Former Mt. Gox CEO proposed a Bitcoin hard fork to recover 79,956 BTC ($5.2B) stolen in 2011, sparking debate over immutability and governance.

avatar
badge

$GMT is showing signs of stabilization after the rejection from 0.00704.

Current price: 0.00635

EMA levels:

EMA5: 0.00635

EMA10: 0.00634

EMA30: 0.00639

The chart is forming a base around the 0.00624 0.00635 demand zone. Buyers are absorbing selling pressure, and a move above 0.00650 could trigger a fresh push toward 0.00687 0.00704.



#Agent economy infrastructure matures

#Mystery firm buys US BTC ETF

#Mt Gox BTC recovery proposal

#Anthropic halts Fable 5 and Mythos 5 access

#BTC bearish sequence completes



$BHD

$1INCH

$ARTFI

$USD1


avatar
badge

$ZM holding strong support & coiling up! 💥

After bouncing clean off the $84.31 demand zone, $ZM just reclaimed the 4H middle band ($86.43) with solid momentum. The lower wick rejection shows severe lack of selling pressure. Upper band test incoming!

🎯 Target 1: $89.38

🎯 Target 2: $91.50+



#US government restricts AI model releases

#Anthropic halts Fable 5 and Mythos 5 access

#Mt Gox BTC recovery proposal

#White House mediates crypto bill

#China crypto crime law draft



$KARRAT

$PYTH

$ATWO

$CHEQ


avatar
badge

$DEXE flew from $13.17 up to $24.74! After a heavy cool-off reset down to $2.78, price is attempting a double-bottom reversal structure on the 4H frame. 📊

High volatility asset forming a base once volume kicks back in, these low levels won't last long!

🧠 Strategy: DCA / Scalp the bounce

🎯 Targets: $4.76 (Mid band) -> $11.00+



#HBM shortage impacts AI and crypto

#Mt. Gox hard fork proposal

#Mt Gox BTC recovery proposal

#Kyle Samani steps down from Multicoin

#Step Finance suffers security breach



$REEF

$ATWO

$EQTY

$DZD


avatar

🚨 A fake mailman in Seattle showed up in a USPS uniform with zip ties, a phone jammer & tasers — then attacked a husband & wife demanding 10 BTC (~$650K). The wife was strangled. He’s now behind bars on $1M bail. 🛑 #Bitcoin #Crime #Seattle

avatar

Proposal for a ‘#hardfork’ to recover stolen 80,000 Bitcoin Mark Karpeles, former CEO of Mt. Gox, has proposed a hard fork on the network to recover approximately 80,000 Bitcoin stolen in 2011 and inactive for 15 years. The former CEO of Mt. Gox, at the center of one of the largest cyberattacks in crypto history, has stirred debate with a radical new proposal. Karpeles has suggested implementing a hard fork on the Bitcoin network to recover 79,956 BTC stolen during the 2011 hack on Mt. Gox—coins that have remained completely inactive for nearly 15 years. “A One-Time Exception” The approximately 80,000 Bitcoin have shown no wallet activity since being stolen from the exchange in 2011. Karpeles’s proposed recovery plan requires a retroactive modification to Bitcoin’s code to restore the lost funds. Aware that this move could be criticized as contradicting Bitcoin’s core philosophy, Karpeles emphasized that this should not become a general mechanism for reversing transactions or recovering funds. According to Karpeles, this hard fork must be a one-time exception, strictly limited to this specific case. This proposal is unlikely to be taken seriously within the Bitcoin ecosystem. The primary reason lies in Bitcoin’s principle of immutability. One of Bitcoin’s most fundamental value propositions is immutability—the idea that transactions on the blockchain can never be censored, reversed, or altered. Even a single deviation from this rule could undermine Bitcoin’s trust mechanism. Another concern is the risk of a network split. If the community does not unanimously accept this intervention, it could lead to a chain split—similar to what occurred with Bitcoin Cash—resulting in two separate networks. #Bitcoin #btc #eth #OnsAltın #silver #coin #Brolyz

avatar

The reality is that this is just codifying what already exists. Majority of crypto is held on exchanges. People don’t realize the exchanges can do the same. The best answer is self custody of native, fixed supply assets (BTC and XRP) where clawbacks are not possible natively. Stablecoins should just be your operating account.

avatar

True Bitcoin story: Chinese woman Zhimin Qian held more Bitcoin than any corporate entity, besides Saylor. We know, as the UK convicted her after the world's biggest Bitcoin seizure: 61,000 BTC worth $4 BILLION She scammed 128,000 victims. What will happen to this BTC?

avatar

South Korea's Tax Office Leaked a Crypto Seed Phrase in a Press Release The National Tax Service accidentally published an unblurred photo of a Ledger wallet with its handwritten mnemonic phrase. Within hours, someone drained 4M PRTG tokens (~$4.8M face value) from the exposed wallet. Tokens were returned 20 hours later, PRTG has almost zero liquidity ($299 daily volume). This is South Korea's 3rd crypto custody failure in 2 months: → 320.8 BTC ($21M) lost after a phishing attack → 22 BTC vanished from a police cold wallet → Now a seed phrase leaked in a press release Your Seed Phrase = Your Master Key. ✅ Never photograph your seed phrase ✅ Never store it digitally ✅ Use metal backup plates ✅ Consider multi-sig for large holdings If a government can make this mistake, so can you. Stay safe

avatar

🚨 FLASHBACK: On this day in 2014, the largest Bitcoin exchange at the time, Mt. Gox, halted trading and went offline after losing ~850,000 BTC in a hack. The exchange once handled over 70% of global Bitcoin trades, and years later many users were still fighting to recover their BTC. Its collapse gave rise to a defining rule in crypto: “Not your keys, not your coins.” And the industry was reminded again through cases like FTX and WazirX. That’s why self-custody matters. With wallets like @TrustWallet, you hold your private keys. You control your crypto. No exchange risk. No third-party custody. In crypto, ownership isn’t a slogan, it’s responsibility. 🔐 Choose wisely.