About 200,000 Mt. Gox Bitcoins have been recovered in a no longer used old-format wallet, bringing the total amount of the virtual currency allegedly pilfered from the Tokyo-based company by hackers down to 650,000 Bitcoins.
According to a post by Mt. Gox CEO Mark Karpeles, the company confirmed on March 7 that a wallet used prior to June 2011 contained the Bitcoins, which at today's exchange rate equals more than $115 million.
“A hearing took place on March 8 where a detailed explanation of the situation was made to counsels,” Karpeles wrote in the post. “Immediately on [March 10], counsels reported the existence of the 200,000 BTC to the Court and the Supervisor.”