25 Feb '14, 3am

Bitcoin exchange Mt. Gox goes offline as insolvency rumors swirl

Bitcoin exchange Mt. Gox goes offline as insolvency rumors swirl

Troubled Bitcoin exchange Mt. Gox, once the largest of its kind, has disappeared from the Internet after its website went offline following rumors that it is battling insolvency . Here’s what we’re seeing when we visit mtgox.com: nothing but white space. There is clearly something seriously wrong going on at the company. Before the website went down, there were reports that Mt. Gox had disabled all trading on its site in a hint that it may be planning major restructuring. A Mt. Gox customer posted a screenshot on Reddit that showed trading had been disabled: Separately, we found that the company was not allowing new users to register for an account on the site, before it went down: This sudden disappearance of the site comes less than an hour after the heads of six of the world’s biggest Bitcoin exchanges penned a letter in response to reports of Mt. Gox’s impending insolv...

Full article: http://thenextweb.com/insider/2014/02/25/mt-gox-goes-offl...

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