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Posts Tagged ‘Japans Mt. Gox’

A Japanese court-appointed administrator is now in control of Mt. Gox following an unsuccessful attempt to save the business. The Bitcoin exchange filed for bankruptcy in February after losing 850,000 Bitcoins, though it later found around a quarter of them.

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Mt. Gox, once the leading Bitcoin exchange, has given up its plans to rebuild following a devastating data breach in February. On February 28, Mt. Gox filed for bankruptcy just days after going offline due to security concerns. The resulting public relations nightmare caused bitcoin prices to dip and ruined Mt. Gox’s credibility as a […]

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Mark Karpeles, the founder of Mt. Gox, said he would not come to the United States to answer questions about the Japanese bitcoin exchanges U.S. bankruptcy case, Mt. Gox lawyers told a federal judge on Monday. In the court filing, Mt. Gox lawyers cited a subpoena from the U.S. Department of Treasurys Financial Crimes Enforcement […]

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