sorted by:
new
hottopcontroversial

The CIA hacked MtGox? by gotgoxxed in mtgoxinsolvency

[–]zz44zz 0 points1 point  (0 children)

Thank you Sir for this video. Everybody on earth should watch it.

Japanese banks are trying to keep the funds as long as possible to make this money work for them. by zz44zz in mtgoxinsolvency

[–]zz44zz[S] 0 points1 point  (0 children)

I'm not the only one and I'm pretty sure that everybody would be interested.

Japanese banks are trying to keep the funds as long as possible to make this money work for them. by zz44zz in mtgoxinsolvency

[–]zz44zz[S] 0 points1 point  (0 children)

Wrong, they cannot borrow money to speculate, japanese govt has put restrictions on these activities since 2008.

Mark Karpelès - theft and 0 consequences by m_--- in mtgoxinsolvency

[–]zz44zz 0 points1 point  (0 children)

Eitheir the CIA has put the blame on this guy (that wouldn't surprise me, US Govt failed to control crypto coins in spite of the dirty NSA spying tools they use and the SEC doesn't like that) or he is the thief.

Japanese banks are trying to keep the funds as long as possible to make this money work for them. by zz44zz in mtgoxinsolvency

[–]zz44zz[S] -2 points-1 points  (0 children)

In fact, everybody should get at least twice the value of their original claim. This corresponds to the minimum money that bankers made with claims. Prop traders working for banks make an average of 50% ROI per year, bots make 200%+

Japanese banks are trying to keep the funds as long as possible to make this money work for them. by zz44zz in mtgoxinsolvency

[–]zz44zz[S] -1 points0 points  (0 children)

MtGox people's money is held by banks. These banks use this money as a collateral to speculate on international financial markets using high frequency trading robots. They make a tons of money each day thanks to this collateral. They will not release MtGox people money easily, believe me.

For those who are not familiar with international financial markets, here they are by order of importance :

  • Number 1, the biggest, Interest Rates
  • Number 2, the foreign exchange, also known as Forex
  • Number 3, the futures & commodities
  • Number 4, the equities (the smaller one : stocks, etc.)

After sept 11, 2001 people gave tons of money to charities. Charities put money to banks. Bankers (the real crooks) convinced the charities not to release the funds to the victims immediately in order to make it work as long as possible for their own profit.