Mt Gox Allowed Trading After Exchange Discovered LossMark Melin
According to statements filed in U.S. Bankruptcy Court in Dallas earlier this month, when executives at Japan-based Mt Gox, then the world’s largest Bitcoin exchange, discovered that “hundreds of thousands” of Bitcoin’s had “disappeared,” the exchange continued to allow trading in product they no longer held.
$473 million bankruptcy
Mt. Gox filed for bankruptcy in the U.S. on March 9 after losing $473 million in Bitcoin. The . . .
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