The “crash” of the Bitcoin-price on the Bitcoin exchange Mt Gox would be the result of the injection of a large number of counterfeit Bitcoins in the payment system. This would be carried out by an anonymous hacker, who, with 2000 Bitcoins disappearing.
A still unknown hacker would be on 19 June, two million Bitcoins have been ‘generated’ by manipulation of the database of Mt Gox. That said Mark Karpeles, ceo of Mt Gox. The hacker would during his attack, Bitcoins worth approximately 1 million dollars have been added to a cracked account.
Due to the massive influx of Bitcoins in the stock of Mt Gox would be the price of the ‘cryptocurrency’ in a short time almost completely collapsed, from $ 17 to $ 0.01, with a huge number of transactions as a result. The virtual money would, however, only within the Mt Gox systems strongly in value are decreased. In addition, all suspicious transactions will be reverted.
Despite this, the hacker during the local Bitcoin crash approximately two thousand Bitcoins in their hands. Presumably he has a sql-injection gained access to the databases of Mt Gox, after user details were leaked.
Mt Gox puts the hand in his bosom as the look back at the attack on his scholarship. The website would be despite the strong growth in transactions is insufficiently secure. After the attack, the Bitcoin stock exchange for more than a week offline, but the security would be greatly tightened up. Mt Gox has also the keys of the stolen Bitcoins to other exchanges, in the hope it is so for the thief to make it impossible for this to change for “real” money.