Hackers release Mt. Gox Exchange Bitcoin data

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The Internet of Things has a dark side

Hackers have released a huge amount of data they say was taken from the servers of Mt. Gox, the popular Bitcoin exchange that declared bankruptcy last week. With the bankruptcy and silence of the staff, including the death of one in a probable suicide, there hasn’t been much information to fuel the heated and often angry exchanges going through social media and forums about the shutdown.

Mt. Gox was an exchange that allowed transfer of Bitcoins and investment in them through the Gox servers and “vaults.” When those vaults were suddenly closed and declared empty thanks to a hack attack, the Bitcoin forums went wild. Billions were reportedly lost by investors and traders.

Gox had already had several issues in the past, with technical glitches and problems often causing trades to be dropped or delayed, affecting the value as Bitcoins fluctuated. The community called this “getting Goxed,” but now the term has a new meaning: getting ripped off.

The hackers claim that around 951,000 Bitcoins are still in the Gox servers – roughly $605,000 U.S. Dollars worth at current rates. This would be the bulk of the 850,000 Bitcoins said to have been lost in the hack, once valued at billions.

The data, released publicly by the hackers, is 716 megabytes thick and was placed in several locations, including Mt. Gox CEO Mark Karpeles’ website and linked on his Twitter feed (both also taken by the hackers). The data includes spreadsheets, corporate balance sheets, and more.

The authenticity of the database seems genuine, but is hard to verify. The fact that the hackers were able to take over so many things related to Gox, however, lends credence to the data being genuine.