28 Feb '14, 11am

Mt. Gox Seeks Bankruptcy After $480 Million Bitcoin Loss

Mt. Gox Seeks Bankruptcy After $480 Million Bitcoin Loss

Mt. Gox, once the world’s largest Bitcoin exchange, filed for bankruptcy in Japan saying about $480 million in Bitcoins belonging to its customers and the firm were missing. “The company believes there is a high possibility that the Bitcoins were stolen,” Mt. Gox said in a statement. The filing follows three weeks of speculation about the fate of the Tokyo-based exchange, which suspended withdrawals on Feb. 7. Since Bitcoins exist as bits of software, they can be stolen if a hacker gains access to the computers and servers used to run online exchanges, where the virtual currency can be traded for dollars, euros and other currencies. Related: Bitcoin Bull Holds Firm as Mt. Gox Drags Down Currency Bitcoin Derivatives Sprout as Regulators Play Catch-Up Opinion: I Still Believe in Bitcoin The turmoil left investors and entrepreneurs asking how the insolvency could happen and h...

Full article: http://www.bloomberg.com/news/2014-02-28/mt-gox-exchange-...

Tweets

Mt. Gox Bitcoin exchange files for bankruptcy

Mt. Gox Bitcoin exchange files for bankruptcy

usatoday.com 28 Feb '14, 10am

Bitcoin trader Kolin Burges stands in protest outside an office building housing Mt. Gox in Tokyo. (Photo: Shizuo Kambayas...

DealBook: Mt. Gox Files for Bankruptcy: Mt. Gox, once the largest Bitcoin exchange in the world, filed for ban...

DealBook: Mt. Gox Files for Bankruptcy: Mt. Gox...

dealbook.nytimes.com 28 Feb '14, 12pm

Yuya Shino/Reuters Mark Karpeles, second from left, attended a news conference after his company, Mt. Gox, filed for bankr...

Bitcoin exchange Mt. Gox files for bankruptcy p...

online.wsj.com 28 Feb '14, 10am

TOKYO—Bitcoin exchange Mt. Gox said Friday it was filing for bankruptcy protection after losing almost 750,000 of its cust...

Bitcoin exchange Mt. Gox files for bankruptcy protection with $64 million in liabilities

Bitcoin exchange Mt. Gox files for bankruptcy p...

theverge.com 28 Feb '14, 10am

After weeks of speculation over its financial health, the beleaguered Bitcoin exchange Mt. Gox has filed for bankruptcy pr...

Tokyo bitcoin exchange files for bankruptcy

Tokyo bitcoin exchange files for bankruptcy

news.yahoo.com 28 Feb '14, 10am

TOKYO (AP) — The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850...

Tokyo Bitcoin Exchange Files for Bankruptcy: To...

abcnews.go.com 28 Feb '14, 10am

The Mt. Gox bitcoin exchange in Tokyo filed for bankruptcy protection Friday and its chief executive said 850,000 bitcoins...

Mt. Gox files for bankruptcy protection: 90 Sec...

theverge.com 28 Feb '14, 11pm

Wake up. Find a tree. Punch it. Pick up wood blocks. Make wood planks. Craft. Make crafting bench. Craft. Punch a mountain...

Mt. Gox CEO Apparently Confirms Huge Bitcoin Loss

Mt. Gox CEO Apparently Confirms Huge Bitcoin Loss

readwrite.com 28 Feb '14, 12am

Bitcoin exchange Mt. Gox went dark on Tuesday without much explanation beyond an unconfirmed and purportedly leaked docume...

Mt. Gox exchange faces US lawsuit over Bitcoin ...

engadget.com 28 Feb '14, 8pm

took much of the value out of the Mt. Gox Bitcoin exchange, leading it to declare bankruptcy ? Yeah, investors aren't happ...

The failure is complete: One-time Bitcoin king Mt. Gox is bankrupt: Who would thought that a former online Mag...

The failure is complete: One-time Bitcoin king ...

bgr.com 01 Mar '14, 2am

Who would thought that a former online Magic Card market wouldn’t be a safe place to invest your money? The Wall Street Jo...

Bankrupt Mt. Gox Facing Class-Action Suit Over ...

mashable.com 28 Feb '14, 9pm

The mountain of trouble that has been piling up for Mt. Gox just got even larger. Once the largest Bitcoin exchange in the...

Mt. Gox Files For Bankrutcy Protection

thedomains.com 28 Feb '14, 1pm

Michael Berkens on Mt. Gox Files For Bankruptcy Protection Loses 850,000 Bitcoins, 750,000 Of Customers Donny on Mt. Gox F...

Bilked Investors' New Dream: A Mt. Gox Takeover

Bilked Investors' New Dream: A Mt. Gox Takeover

mashable.com 01 Mar '14, 12am

Some investors who lost thousands after Mt. Gox's implosion are weighing a new plan: Taking over the exchange to recoup so...

Bankrupt Mt. Gox Facing Class-Action Suit Over ...

mashable.com 01 Mar '14, 9am

The mountain of trouble that has been piling up for Mt. Gox just got even larger. Once the largest Bitcoin exchange in the...

What Did Not Happen at Mt. Gox: #Bitcoin #MtGox

What Did Not Happen at Mt. Gox: #Bitcoin #MtGox

hackingdistributed.com 02 Mar '14, 3pm

Some people claim that the "men in black took 97% of the cash ." Perhaps. One would have to believe that they took the key...