mt. Gox finds 86 million euros worth of bitcoins in old wallets

mt. Gox has found 200,000 bitcoins, with a value of almost 86 million euros, in wallets of an old size, which the exchange thought were empty. Still 650,000 bitcoins have been lost.

The find was announced by the CEO of Mt. Gox, Mark Karpeles. The bitcoins were found after a new scan the exchange conducted as part of the suspension of payments procedure. mt. Gox has moved the bitcoins to offline wallets for security reasons.

Now that 200,000 bitcoins have been found, the exchange’s lost coins have been reduced to 650,000. The likelihood that affected users of Mt. Gox, however, seeing their money back is nil: first it is the turn of preferential creditors.

mt. Gox applied for a postponement of payment at the end of February. The exchange claimed that 750,000 bitcoins from users had been lost, while 100,000 of its own crypto coins would also have disappeared. Due to the theft, users would have been duped for a total of 306 million euros and the stock exchange itself for almost 41 million. Furthermore, the stock market would have a debt of a total of 46 million euros.