Over the past 24 hours, Mt. Gox creditor subreddit “r/mtgoxinsolvency” has been flooded with reports of multiple login attempts on user accounts, raising fears of a potential cyberattack. Several users reported issues accessing their accounts on the Mt. Gox website, with some sharing screenshots of numerous unauthorized login attempts. Concerns have arisen that this could be a “brute-force” attack on Mt. Gox creditors, though others speculate it might be a website glitch. Despite the recent distribution of 36% of Bitcoin to creditors and the transfer of 140,000 Bitcoin to a known cold wallet and two unknown addresses, users are uncertain whether to reset their passwords. The defunct exchange’s repayment progress has caused fears that its 127,000 creditors might dump billions of dollars of Bitcoin into the market.
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