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
Mt. Gox: We Found 200K Bitcoins in Our Other Wallet
In this Feb. 28, 2014 file photo, Mt. Gox CEO Mark Karpeles, sitting at second right, attends a press conference at the Justice Ministry in Tokyo.   (AP Photo/Kyodo News, File)

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.

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; has begun allowing users to check their balances, with a disclaimer that it might not have the coins shown. (Read more Mt. Gox stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.