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Mt. Gox suitors seek support to save bitcoin exchange

18
Apr
2014

(Reuters) – A group of investors seeking to buy Mt. Gox has launched a website to garner support from creditors of the bankrupt bitcoin exchange to prevent a liquidation of its assets. “We need your help to stop a liquidation, which would be good neither for Mt. Gox creditors nor bitcoin’s reputation with the general public and regulators,” the investors wrote on the website. The investor group, which offered to take over the assets of Mt. Gox and revive it, has received backing from many creditors and hopes to convince the court to reconsider its rehabilitation proposal, the Wall Street Journal reported on Thursday. Mark Karpeles, the founder of Mt. Gox, said he would not come to the United States to answer questions about the bankruptcy case, Mt. Gox lawyers told a U.S. federal judge on Monday.

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