Tag: Mt. Gox

Former Largest Bitcoin Exchange Market Mt. Gox Files for Bankruptcy

On Friday, Feb. 28, Mt. Gox filed for bankruptcy protection in a Tokyo court. The Mt. Gox exchange stopped trading entirely earlier in the week, on Monday, Feb. 24, and had stopped all withdrawals from the site earlier in the month due to fraud and security issues.   (Related: Mt. Gox Shuts Down, Skeptics Worry… Read More

Mt. Gox Shuts Down, Skeptics Worry and Other Bitcoin Exchanges Take Its Place

The bitcoin business is risky.   Mt. Gox, one of the largest markets for trading the bitcoins, shut down Tuesday morning. The company later announced that they had closed off transactions “in order to protect the site and our users.” Users who had bitcoins in the Mt. Gox exchange were (and still are) unable to access… Read More