Former Mt. Gox CEO proposes Bitcoin hard fork to recover 80K BTC

Mark Karpeles, the former CEO of Mt. Gox, has proposed a hard fork of the Bitcoin network to recover 79,956 BTC from a 2011 hack, The Block reported. The BTC in question has not been moved in 15 years. The proposal is expected to be controversial, as it could undermine Bitcoin's core value of immutability and risk a chain split. Karpeles added that the measure would be a one-time exception for this specific case and not a general mechanism for reversing transactions or recovering funds. The current distribution to Mt. Gox creditors involves approximately 200,000 BTC, while the assets targeted by this proposal are separate and not under the control of the rehabilitation trustee.