Mt. Gox Ex-CEO Proposes Bitcoin Code Rewrite for $5B Recovery
The former CEO of Mt. Gox, Mark Karpelès, has proposed a rewrite of Bitcoin's code in an attempt to recover $5 billion in stolen funds. According to reports, Karpelès submitted a pull request to Bitcoin Core that would redirect coins untouched since 2011 to a recovery address controlled by the Mt.Gox trustee. This proposal has reportedly reignited a long-standing debate within the Bitcoin community. The development focuses on addressing the recovery of funds lost in the Mt. Gox hack.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.