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Cryptopolitan 2019-06-26 16:00:52

Mt.Gox’s founder was aware of security issues years before the collapse occured

According to a lawsuit filed against the founder of Mt.Gox, the man behind the exchange was well aware of the security issues plaguing the company as early as 2010, years before the exchange suffered a crippling hack attack that cost it more than 850,000 Bitcoin. The CEO is being sued by two Ex-Mt.Gox traders, Joseph Jones and Peter Steinmetz, who are the ones accusing McCaleb of not doing anything about company security while being aware of the issues. Furthermore, the traders have mentioned that McCaleb has manipulated the community by using the opportunity to sell his share of the company,

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