Mt. Gox Bankruptcy Trustee In Favor Of Publicizing Exchange's Bitcoin Addresses

Mt. Gox Bankruptcy Trustee In Favor Of Publicizing Exchange’s Bitcoin Addresses

Bitcoinist_Bitcoin Transparency

The Mt. Gox bankruptcy process that is currently taking place has been receiving a lot of attention from both Bitcoin enthusiasts and mainstream media outlets. Now that more and more information has become available, there is a new question waiting to be answered: should the identified Mt. Gox Bitcoin addresses be made accessible to the public? Some Bitcoin members seem to be for this proposal, whereas others are wondering what the of doing so would be.

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Publicizing Mt. Gox Bitcoin Addresses

Bitcoinist_Bitcoin Transparency Mt. Gox

Considering how the bankruptcy trustee has collected most of the necessary information related to the Mt. Gox case, it seems to make sense if all of the identified Bitcoin wallet addresses are revealed to the public. After all, there are lots of people who would like to determine what has happened to the vast amounts of funds this exchange once held.

All of the bankruptcy reports make mention of how former Mt. Gox CEO Mark Karpeles claimed a hacker stole most of the funds, but it later turned out he took the funds himself. However, given the amount of bitcoins recovered to date, numbers do not seem to add compared to the total number of coins that were stolen.

Even though law enforcement agencies are working hard to find out where all of the missing funds has ended up, Bitcoin community members know a thing or two about tracking funds on the blockchain. Moreover, the bankruptcy trustee himself has shown an interest in releasing the complete list of Bitcoin wallet addresses identified with the Mt. Gox exchange.

A crowdsourced investigation into what has happened with the funds exactly would be kind of interesting although not everyone seems to be for this proposal. A lot of people want to keep this information private for privacy reasons, according to the thread on Reddit, which was to be expected. It is equally interesting to note how very few people have chosen to keep the addresses private for other reasons.

In total, over 80% of the people voting on this Reddit thread are for publicizing the Mt. Gox Bitcoin wallet addresses, which is quite a significant number. It remains to be seen how much good it would do if this list were to be publicized, although it might shed some additional light on the situation.

Are you for publicizing these Mt. Gox Bitcoin wallet addresses, or would it be a futile effort? Let us know in the comments below!

Source: Reddit

Images courtesy of Shutterstock, Mt. Gox

Jp Buntinx

Jp Buntinx

JP Buntinx is a freelance Bitcoin writer and Bitcoin journalist for various digital currency news outlets around the world. In other notes, Jean-Pierre is an active member of the Belgian Bitcoin Association, and occasionally attends various Bitcoin Meetups in Ghent and Brussels