No surprise here, it was only a matter of time before they filed for bankruptcy protection. I think we all saw this coming.
All I can say is that they are very lucky they are located in Japan, and not in the United States. There would be way more lawsuits if they were located there.
Topic: *BREAKING NEWS* MT GOX OFFICIALLY FILES FOR BANKRUPTCY *-* (Read 911 times)
I guess each outlets translated the conference differently.
on CNN
on CNN
Quote
Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm.
Mt. Gox Files for Bankruptcy, Claims $63.6m Debt.
http://www.coindesk.com/mt-gox-files-bankruptcy-claims-63-6m-debt/
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html
oh FFS. The first line of the Coindesk article reads http://www.coindesk.com/mt-gox-files-bankruptcy-claims-63-6m-debt/
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html
Quote
Mt. Gox is officially filing for bankruptcy protection
Which is not the same as bankruptcy.
FUD from Coindesk. No need to repeat it here.
Mt. Gox Files for Bankruptcy, Claims $63.6m Debt.
http://www.coindesk.com/mt-gox-files-bankruptcy-claims-63-6m-debt/
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html
http://www.coindesk.com/mt-gox-files-bankruptcy-claims-63-6m-debt/
http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html
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