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Mt. Gox Roger Ver

Mt Gox video regret

25 Feb, 2014

After Mt. Gox goes bankrupt, Ver makes a statement, expressing his regret at making the previous video:

About 7 months ago, purely as a favor to Mtgox, I made a video stating that their fiat withdrawal problems were not being caused by a lack of liquidity. I made no claims regarding their solvency. While everything I said in the video was factually true, today I have come to regret making it for them. It ended up causing the community put additional trust in an entity that deserved none.

He says the problem were caused by poor programming skills and a total lack of bookkeeping in a ¬†single mismanaged company and that the Bitcoin protocol is “stronger than ever before”.

Roger Ver on MTGOX Bankruptcy and Bitcoin