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Steven Walgenbach

Mark Karpelès Proposes Bitcoin Hard Fork to Reassign 79,956 BTC from Mt. Gox Hack

Former Mt. Gox CEO Mark Karpelès has published a Bitcoin hard fork proposal that would redirect 79,956 BTC tied to the exchange’s historic hack to a recovery address without the original private key. The coins, worth over $5.2 billion at current prices, would be placed under trustee Nobuaki Kobayashi’s control, but the idea has drawn strong backlash from users concerned about Bitcoin’s immutability.
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