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Former Mt. Gox CEO proposes hard fork to recover $5.2 billion in bitcoin from 2011 theft
Mark Karpelès, the former CEO of defunct crypto exchange Mt. Gox, has published a proposal calling for a Bitcoin hard fork that would allow roughly 79,956 BTC, worth more than $5.2 billion at current prices, to be recovered from a long-dormant address linked to the exchange’s 2011 hack. The proposal targets the address 1Feex...sb6uF, which received nearly 80,000 BTC following a documented compromise of Mt. Gox’s systems in June 2011. The coins have not moved in more than 15 years, suggesting the attacker may have lost the private keys or has chosen not to move or return the funds. Under current Bitcoin rules, ... (full story)
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