The CEO of bitcoin exchange Mt Gox described what it was like to discover he had been hacked: ‘It felt like I was about to die’

Mark Karpeles, chief executive of Mt. Gox, attends a news conference at the Tokyo District Court in Tokyo February 28, 2014.Reuters

  • The CEO of hacked bitcoin exchange Mt Gox said that discovering he had lost £4.5 billion worth of customer money “felt like I was about to die.”
  • Karpeles told the BBC that running the bitcoin exchange was a “daily nightmare” and a “constant race.”
  • Karpeles has been released on bail from a prison in Japan.

Mark Karpeles, the CEO of hacked bitcoin exchange Mt Gox which lost £4.5 billion of its customers’ cryptocurrency, described in a new interview what it was like to realise that his exchange had been hacked.

“I would say it’s probably very close to like when you’re falling from a building,” Karpeles told BBC Radio 4’s “File On 4” show. “Obviously, the floor [was] getting close. It felt like I was about to die.”

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of and Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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