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Ep 9: The Rise and Fall of Mt. Gox

Darknet Diaries

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Moncox Bitcoin Theft

By the time it was finally detected and stopped, the thief had been able to ciphen 650 thousand big coins from moncox. This test went on until at least a good chunk into two thousad nd 13. You might also wonder why mount gox was target for so many attacks. It was never a professional exchange in the sense that people who deposited money probably thought or wanted it to be. The feature to encripp bit coin wallete was released a few weeks after the theft took place. So there simply wasn't a technology out there to encrip bit coin wallet at the time.

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