Mt. Gox Files for Bankruptcy
Posted on Mar 17, 2014 6:35pm PDT
One of the world's largest bitcoin exchanges, Mt. Gox, has reportedly filed for bankruptcy protection. According to reports, the business filed in order to halt U.S. legal action against the Japanese company by traders who claim the operation was a fraud. In the filing, the business reported that it may have lost 750,000 of its customers' bitcoins as part of an attack by hackers.
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