Friday 26 April 2024
 
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Mt Gox

Hundreds ready for bitcoin exchange class action

More than 400 people have signalled they would join a class action against Mt. Gox, the world's biggest marketplace for the digital currency bitcoin before its abrupt collapse, British-based law firm Selachii said. It would be

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The brief reign of bitcoin's top exchange

The collapse of Mt. Gox (short for "Magic: The Gathering Online Exchange") might appear sudden, but bitcoin insiders say its downfall began nearly a year ago as the virtual currency exchange tangled with regulators, split from former b

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Bitcoin exchange seeks bankruptcy protection

The Mt Gox bitcoin exchange in Tokyo has filed for bankruptcy protection and its chief executive said 850,000 bitcoins, worth several hundred million dollars, are unaccounted for. The exchange's CEO Mark Karpeles appeared befo

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Mt Gox bitcoin customers' money 'virtually gone'

What can you do if you deposited bitcoins at Mt Gox, which shuttered on Tuesday with little explanation? Probably not much. Customers of the bitcoin exchange may have little chance of recovering their funds if they prove to be mis

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