Mt. Gox finds 200,000 bitcoins in old wallet

Mar 21, 2014, 5:50 AM EDT
Failed Bitcoin exchange MtGox says it has found 200,000 coins worth $116 million in an old "digital wallet", after it collapsed in February admitting it had lost half a billion dollars in a possible theft.
Getty/AFP/File, George Frey

Embattled exchange Mt.Gox said Friday that it has found 200,000 bitcoins in a "forgotten" digital wallet -- a haul worth $116 million at current prices. Mt. Gox CEO Mark Karpeles said in a statement that the bitcoins had been uncovered in an old-format wallet that was thought to be empty. Bitcoin wallets allow users to store the digital currency and execute transactions.
Background:
Mt. Gox finds 200,000 bitcoins in old wallet [CNN]
Mt. Gox says it found 200,000 bitcoins in 'forgotten' wallet [Reuters]

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