30 Mar '14, 10pm

Employees confronted Mt. Gox chief about finances two years before bankruptcy filing for Bitcoin exchange

Some employees of the Mt. Gox firm confronted the owner about proper accounting about two years before the Bitcoin exchange filed for bankruptcy protection in Japan, according to a story by Reuters . The cited three anonymous sources who said they participated in the discussion with Mt. Gox chief executive Mark Karpeles. About a half-dozen employees confronted him in early 2012 by asking if the company, which functioned as an online brokerage and exchange for the Bitcoin virtual currency, was properly protecting the deposits from clients. The exchange lost an estimated $27 million in cash and Bitcoins worth an estimated $450 million, according to the bankruptcy filing. About a million traders entrusted the three-year-old firm to hold their money safely. Reuters said that the employees worried that customer funds were being used to cover operating costs that were rising. Th...

Full article: http://venturebeat.com/2014/03/30/employees-confronted-mt...

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Exclusive: Mt. Gox faced questions on handling ...

reuters.com 30 Mar '14, 2am

TOKYO (Reuters) - Two years before Mt. Gox filed for bankruptcy, a half dozen employees at the Tokyo-based bitcoin exchang...

Exclusive: Mt. Gox faced questions on handling ...

reuters.com 30 Mar '14, 2am

TOKYO (Reuters) - Two years before Mt. Gox filed for bankruptcy, a half dozen employees at the Tokyo-based bitcoin exchang...

Mt. Gox Used Client Money for Operations and Extravagances, Allege Staff #bitcoin

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coindesk.com 30 Mar '14, 11am

Mt. Gox allegedly spent money from its clients’ deposits on operating expenses including extravagances as early as two yea...

in 2012

reuters.com 30 Mar '14, 2am

TOKYO (Reuters) - Two years before Mt. Gox filed for bankruptcy, a half dozen employees at the Tokyo-based bitcoin exchang...

Mt.Gox faced questions before crisis: Sources: Two years before bitcoin exchange Mt.Gox filed for bankruptcy,

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cnbc.com 30 Mar '14, 10am

A bankruptcy administrator and police are seeking to determine how a Tokyo start-up that shot from obscurity to dominate g...

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thedomains.com 03 Apr '14, 7am

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The shuttered Bitcoin exchange, Mt Gox, recently said it had uncovered $100m in a disused wallet

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Does The Fall Of Mt. Gox Mark The Beginning Of The End For Bitcoin? [MUO Debates]

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makeuseof.com 28 Mar '14, 9pm

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Investor group offers to buy Mt. Gox Bitcoin exchange for 1 single bitcoin, or just $400

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businessinsider.com 10 Apr '14, 10pm

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another bitcoin exchange robbed!

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To bring you Twitter, we and our partners use cookies on our and other websites. Cookies help personalize Twitter content,...

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coindesk.com 10 Apr '14, 10pm

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