Chainalysis Says They’ve Found the Missing $1.7 Billion Dollar Mt Gox Bitcoins

in bitcoin •  8 years ago 

https://news.bitcoin.com/chainalysis-says-theyve-found-the-missing-1-7-billion-dollar-mt-gox-bitcoins/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

On June 8 the U.S. House Financial Services Subcommittee on Terrorism and Illicit Finance discussed the possible connection between cryptocurrencies and criminal activity. The hearing also revealed law enforcement officials know the “destination” of the missing 650,000 BTC lost during the Mt Gox insolvency.

The Destination Is Known, but Can the Bitcoins Be Accessed?

Although Levin detailed “the destination of those coins is definitely known,” it doesn’t mean the missing coins can be accessed, and the Chainalysis co-founder has not responded to questions from the press.

The BTC coin pool is much smaller than most people think...keep hording responsibly ;)

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will the government ever give the coins back anyway? Don't think so.... they might begin investing in bitcoin themselves lol

Yep...plan to retire in Singapore....near my gold vault. :) The control freaks are carrying out their last official gov't act. Loot the nation.