Mt. Gox: We Found 200K Bitcoins in Our Other Wallet

Now it's only missing 650K coins
By Kevin Spak,  Newser Staff
Posted Mar 21, 2014 7:00 AM CDT

(Newser) – Don't you hate when you leave something in your other pants? Like, say, $116 million? That's the approximate value of the 199,999.99 bitcoins that Mt. Gox found lying around in an old bitcoin wallet, according to the BBC. "Mt. Gox had certain old-format wallets which were used in the past and which, Mt. Gox thought, no longer held any bitcoins," CEO Mark Karpeles said in a court filing yesterday revealing the find. The old wallet had been in use prior to June 2011.

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The coins were found on March 7, and moved to an offline wallet for safekeeping a week later. The find brings the number of missing Mt. Gox coins from 850,000 down to 650,000, though that number, too, could change; the company is still investigating the cause and extent of the loss, the Wall Street Journal reports. In the meantime, users can look at the coins they might not have; Mtgox.com has begun allowing users to check their balances, with a disclaimer that it might not have the coins shown. (Read more Mt. Gox stories.)

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