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[The Verge] Mt. Gox Files For Bankruptcy Protection

Posted: Fri Feb 28, 2014 8:08 pm
by parityboy
After weeks of speculation over its financial health, the beleaguered Bitcoin exchange Mt. Gox has filed for bankruptcy protection. A company lawyer made the announcement at an impromptu news conference held at Tokyo District Court, according to The Wall Street Journal.

850,000 BITCOINS WERE LOST

Mt. Gox says it has ¥6.5 billion ($63.9 million) in liabilities with ¥3.84 billion ($37.7 million) of assets at present, and the company has admitted that it has lost a total of 850,000 bitcoins — worth close to $500 million. 750,000 of those belonged to customers, and 100,000 were company assets.
Source

Re: [The Verge] Mt. Gox Files For Bankruptcy Protection

Posted: Sat Mar 01, 2014 9:18 pm
by acid1c
Crowd Detectives reveal Heist may be an inside job. http://falkvinge.net/2014/02/28/the-gox ... nside-job/

Re: [The Verge] Mt. Gox Files For Bankruptcy Protection

Posted: Sun Mar 02, 2014 3:32 am
by parityboy
@acid1c

Looks like MF Global all over again. I wonder if John Corzine was involved in this as well? :p