Former CEO of bankrupt exchange Mt. Gox, Mark Karpelès, proposes recovering approximately 79,956 BTC stolen in the 2011 hacking incident through a Bitcoin hard fork, worth about $5.2 billion at current prices. The related address has not transferred funds for over 15 years. The proposal suggests adding a new consensus rule to allow the recovery address to sign and unlock the funds, and to return the assets to creditors through a court-supervised civil rehabilitation process. The proposal emphasizes that this is a one-time exception solely for this single address. It acknowledges that this move could weaken Bitcoin's immutability and carries the risk of chain split. (The Block)
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Former CEO of bankrupt exchange Mt. Gox, Mark Karpelès, proposes recovering approximately 79,956 BTC stolen in the 2011 hacking incident through a Bitcoin hard fork, worth about $5.2 billion at current prices. The related address has not transferred funds for over 15 years. The proposal suggests adding a new consensus rule to allow the recovery address to sign and unlock the funds, and to return the assets to creditors through a court-supervised civil rehabilitation process. The proposal emphasizes that this is a one-time exception solely for this single address. It acknowledges that this move could weaken Bitcoin's immutability and carries the risk of chain split. (The Block)