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by qnr
4408 days ago
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Doesn't seem obvious to me at all. As a result of bankruptcy proceedings we know that Mtgox has lost primarily BTC deposits, not fiat (on mobile now, but IIRC only $27 million USD was lost which is peanuts compared to the value of lost BTC) In other words, the situation at Mtgox was the opposite of what you describe: it had a lot of FakeBTC, bit its USD reserves were mostly real. |
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