[lozenge]

Mt Gox was insolvent long before it officially was. Mark tried to trade using money that didn't exist in order to bring it into the black, but he never managed. Look up wizsec's analysis.

[burger_moon]

Here's a summary that patio11 wrote on wizsec's analysis.

https://gist.github.com/patio11/598ec35c6c1675c97d93383f41b3...