otoburbon Hacker News • Recommends
On “Mt. Gox Bankruptcy Wasn't Really a Bust”
If anybody wants the full sordid history from an investigative standpoint, check out Kim Nilsson's great writeups12 and presentation3. 1 link 2 link 3 link to this video
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Kim Nilsson - Cracking MtGox
TheBitcoinArmy
794 subscribers • 1 video on Hallway
- Recommended by 6 people: 5 on Hacker News and 1 on Lobsters.
- A classic. People kept recommending it from 2017 to 2021.
- Presented by Kim Nilsson
Intermediate. Assumes working knowledge.
47K views9 years ago6 recommendations
SecurityHistory and cultureCryptographyExploits and vulnerabilitiesHistory of computing
Kim Nilsson presents his forensic investigation into the Mt. Gox hack and how the missing bitcoins were traced.
Kim Nilsson - Cracking MtGox Information on how mtgox got hacked from the breaking bitcoin meet up 2017 subscribe to TheBitcoinArmy youtube channelWhy it's here
6 people recommend thisWhat people say. Recommended as one of the best and most detailed summaries of the Mt. Gox hack and subsequent financial investigation.
stuxnet79on Hacker News • Recommends
On “Tokyo-based cryptocurrency exchange hacked, losing $530M: NHK”
Kim Nilsson's group have been investigating the Mt Gox incident for years and he gave a presentation some time ago that summarized some of their findings ( link to this video ). One of the best summaries of the Mt Gox incident, as well as the fallout and subsequent investigations that I've watched.
pakitanon Hacker News • Recommends
On “Mark Karpeles Gets Suspended Jail Term”
Kim Nilsson's work is as good and unbiased as it comes and it pretty much explains everything you need to know about the missing coins: link to this video link Btw, with your 350 coins, I hope you've already submitted a claim and are planning to vote on the upcoming Civil Rehabilitation plan.
jandreseon Hacker News • Recommends
On “Mt. Gox Bankruptcy Wasn't Really a Bust”
It is not unfair to say that the majority of Bitcoin exchanges to date have been either intentionally fraudulant or incompetently run. This includes MtGox. Here's a talk that discusses the financial situation at MtGox and the raging dumpster fire that its security system was when Mark Karpeles bought it. link to this video It's hard to say if the poor security was due to a staggering level of inexperience and thoughtlessness, or if the previous owners had left it open so they could pilfer money as easily as possible before the whole house of cards collapsed. It's hard to imagine a financial services administrator leaving an unsecured Windows file share open to the Internet with all of the private keys…
Groxxon Hacker News • Recommends
On “Mt. Gox demise as told by a Bitcoin insider”
There's also this entertaining presentation from an outside researcher (tracing down the missing money) from 3 years ago (I don't know what's up with the framerate, but really, it's worth watching): link to this video It's quite a rollercoaster of failures.
wu-ikkyuon Hacker News • Mentions
On “Bitcoin exchange Youbit shuts after second hack attack”
>Is anyone seriously tracking where these "stolen" coins from these past several hacks are going? Yeah link to this video
jandreseon Hacker News • Mentions
On “Crypto scammers piggybacking Trump’s Twitter, cloning Medium, stealing crypto”
Nobody knows for sure, but the postmortem suggests that it might have been straight up incompetence. However, it's certainly possible to consider that the "incompetence" was on purpose to hide the fact that he was stealing from the company. link to this video