Former Mt. Gox CEO proposed a rewrite of bitcoin's code to recover $5 billion in stolen funds. Gets quickly shutdown

The former CEO of Mt. Gox recently put forward a bold proposal advocating for a comprehensive rewrite of Bitcoin's underlying code, with the ambitious goal of recovering approximately $5 billion worth of stolen assets that had been lost during the notorious exchange hack. However, this controversial suggestion was swiftly met with resistance and was quickly shut down by members of the cryptocurrency community and blockchain experts, who expressed skepticism regarding the feasibility and potential implications of altering the foundational code of Bitcoin in such a manner. source: https://www.coindesk.com/tech/2026/02/28/former-mt-gox-ceo-proposed-a-rewrite-of-bitcoin-s-code-to-recover-usd5-billion-in-stolen-funds-gets-quickly-shutdown