I read about Mt. Gox
and how 850,000 bitcoins has been "stolen" from it. I do not understand how someone can steal bitcoins: if MtGox has bitcoins, and MrThief wants to use this bitcoins, then MrThief must show a transaction moving bitcoins from MtGox's accout to MrThief's account. But such a tranasaction must be signed by the private key of MtGox. Does it mean that, in order to steal bitcoins, MrThief must somehow find the private key of MtGox and sign transactions in its name? Or is there another way by which bitcoins can be stolen?
Read more Erel Segal-Halevi