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🤨 Former Mt. Gox CEO proposes a Bitcoin hard fork to recover stolen BTC.
This involves approximately 79,956 BTC stolen during the exchange hack in 2011. The coins have been stored at a "sleeping" address for 15 years and are currently valued at over $5.2 billion.
The idea is to implement a special change in the protocol that would allow transferring funds from the hacked address to Mt. Gox's recovery address and distribute them to creditors through an existing legal process.
Important points:
• These coins are not included in current creditor payouts.
• The change will only affect a specific one address.
• A coordinated network upgrade will be required for implementation.