Comment on Tokyo court starts Mt. Gox bankruptcy proceedings

Tokyo court starts Mt. Gox bankruptcy proceedings

TOKYO (AP) — Bankruptcy proceedings have begun for Mt. Gox, a move that was widely expected after the Tokyo District Court decided earlier this month that the bitcoin exchange would not be able to resurrect itself. An administrator will try to sell the company's assets, but many creditors, including those who had bitcoins with the exchange, might not get their money back. After Mt.Read more on NewsOK.com

 

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