Man Has 16 500 Worth Of Bitcoin Stolen From Mtgox

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Wright cashed in 130 of his Bitcoins at $127 each ($16,510) and was looking to using the gains to to repay outstanding medical bills. Mt. Gox has a policy of just allowing $1000 to be cashed in a 24-hour period. Wright was slowly getting disbursements of his money and was hoping for the entire transaction in order to become finished from a few several weeks. During that period, a hacker broke into his account and interrupted the associated with cashing to choose from. The thief converted all targets of kaczynski's nearly back into Bitcoins then transferred them all out to himself, thus circumventing the $1000 per day policy.

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