Numerous Mt. Gox creditors are reporting brute-force log-in attempts on their accounts, leading to hacking concerns in a dedicated subreddit.

Creditors Report Account Access Issues

Users on a subreddit for Mt. Gox creditors have reported several login attempts on their accounts in the past 24 hours, leading some to worry about a possible hack.

In the "r/mtgoxinsolvency" subreddit, which is reserved for creditors of Mt. Gox, a lot of users have complained about having trouble accessing into their Mt. Gox accounts, and some have even posted screenshots revealing a flood of illegal login attempts.

Brute-Force Assault Concerns Emerge

Cointelegraph shares that while some have speculated that this is just a website problem, others have voiced concerns that it could be part of a "brute-force" assault on creditors of Mt. Gox.

"Just received 15 notifications for account log in." Someone posted to the r/mtgoxinsolvency subreddit and captioned it, "Now I can't access my account." "IIs mtgox under attack???”

Scores of Redditors went through the same thing, and even those that succeeded after multiple tries weren't sure if they should change their passwords.

"It seems we are re-goxxed," another Reddit user speculated.

Questions Surrounding the Timing of the Breach

Some wondered why the hackers would try to breach Mt. Gox's infrastructure at this particular moment: "Any ideas why they would raid the system now? The coins are already at Kraken." According to another Reddit user, creditors are unable to update their repayment information on Mt. Gox.

Subsequent Reddit threads imply that maintenance mode was subsequently entered by the Mt. Gox website.

“Thank you for your patience. Please check back shortly,” it stated.

Following the recent transfer of more than 140,000 Bitcoin—worth over $9 billion—to a known cold wallet and two unidentified locations, the now-defunct cryptocurrency exchange has dispersed 36% of the Bitcoin to creditors.