Why would they dump large amounts of currency (and plunge the price) when they can just sell it slowly? There's no risk from holding stolen BTC long term.
Sure there is. If Mt. Gox goes down before you dump BTC, then you wouldn't be able to convert BTC back into dollars. Mt. Gox has been pretty unreliable recently too...
Comments
Wait a second... are we sure it was the Market Outage? I'd assume it was when Instawallet's hackers began cashing out on their attack?
Why would they dump large amounts of currency (and plunge the price) when they can just sell it slowly? There's no risk from holding stolen BTC long term.
Sure there is. If Mt. Gox goes down before you dump BTC, then you wouldn't be able to convert BTC back into dollars. Mt. Gox has been pretty unreliable recently too...