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Submission + - Mt Gox hacked. All coins gone. (

ch0ad writes: Mt. Gox, once the world’s largest bitcoin exchange, has gone offline, apparently after losing hundreds of millions of dollars due to a years-long hacking effort that went unnoticed by the company.

The hacking attack is detailed in a leaked “crisis strategy draft” plan, apparently created by Gox and published Monday by Ryan Selkis, a bitcoin entrepreneur and blogger (see below). According to the document, the exchange is insolvent after losing 744,408 bitcoins — worth about $350 million at Monday’s trading prices.

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Mt Gox hacked. All coins gone.

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We all agree on the necessity of compromise. We just can't agree on when it's necessary to compromise. -- Larry Wall