MtGox loses over $400 Million worth of Bitcoin, Files for Bankruptcy Protection

MtGox loses over $400 Million worth of Bitcoin, Files for Bankruptcy Protection With the recent events unfolding, Tokyo-based Bitcoin exchange, MtGox is officially filing bankruptcy protection on Friday in Japan with an outstanding debt of ¥6.5 billion (or $63.6 million USD).   CEO Mark Karpeles which was not been seen in public for several days has Continue reading “MtGox loses over $400 Million worth of Bitcoin, Files for Bankruptcy Protection”