Emergency Alert: Mt. Gox Creditors' Accounts Experiencing Massive Unauthorized Login Attempts

In the past 24 hours, the Mt. Gox Creditors subreddit has been flooded with users reporting multiple unauthorized login attempts to their accounts, raising concerns of a potential cyberattack.

Multiple users reported issues logging into their accounts in the Mt. Gox Creditors subreddit "r/mtgoxinsolvency," and shared screenshots of the massive unauthorized login attempts.

User Feedback and Concerns

Account Security Threats: Many Reddit users reported receiving multiple account login notifications, some unable to log into their accounts, and fearing that Mt. Gox is under attack. Potential Brute Force Attack: Some users suspected a brute force attack on creditors, while others thought it might be a site glitch.

"Just got 15 account login notifications. Can't get into my account now," one Redditor wrote. "Has Mtgox been hacked?"

Website enters maintenance mode: Some users said that the Mt. Gox website then went into maintenance mode, with the page saying "Thank you for your patience. Please check back later."

Password reset advice: Some users who successfully logged in were unsure whether to reset their passwords. Questions about the timing of the attack: Some users questioned why hackers tried to hack into the Mt. Gox system now, especially considering that the coins were already on Kraken.

Information: Bitcoin transfers and distributions: Recently, Mt. Gox transferred more than 140,000 bitcoins (worth nearly $9 billion) to known cold wallets and two unknown addresses, and has distributed 36% of the bitcoins to creditors. Market impact: Creditors may have sold billions of dollars of bitcoin in the past month, sparking market concerns that the price of bitcoin fell to a near five-month low of $53,600. However, bitcoin has since rebounded 20% and is currently trading at $64,470.

Recommendations: Check accounts regularly: Creditors should regularly check account activity and ensure password strength. Enable two-factor authentication: Enable two-factor authentication to increase account security. Stay tuned: Stay tuned for Mt. Gox official announcements and related community updates to learn about the latest developments.

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