[jnbiche]

Thank you for one of the few rational comments I've read about the whole ordeal. And yes, as a Bitcoiner since 2011 (who last dealt with Gox that same year), your assessment of Karpeles is spot on. My impression is that he's not dishonest, just the classic Dunning-Kruger programmer we've all worked with.

The hard thing about accounting for these Bitcoins is that we keep track of them via addresses, but Karpeles was robbed at a lower level of abstraction -- via outputs. So he's probably struggling with that.

EDIT: I should have written that my impression is that he's not a thief. I suspect he has been dishonest about what he's known about his company's situation, in the sense that he's probably lied by commission or at least omission. But I don't think he stole anything.