Mt Gox CEO resigns from Bitcoin Foundation

[Lauda]

The dump on Bitstamp nicely coincides with this event.

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[Pangia]

First he resigns his position at the Bitcoin Foundation, next he deletes twitter posts, then Bitstamp takes a 9000 coin - 5 million dollar nosedive.  

So what are you trying to say?

Ain't nothin wrong!!! Just ask one of the many GOX lovers on here who still fail to comprehend the fact that GOX is dead and bloated. Or ask the poster who created a thread asking the Bitcoin Foundation to apologize to Mark Karpeles (that was of course a few weeks ago before things got worse, now that poster is silent).

[leopard2]

people here are incredible

everyone wanted him to resign and when he does, BTC price tanks?! 

[ChuckBuck]

people here are incredible

everyone wanted him to resign and when he does, BTC price tanks?!  

This was a necessary evil.  It sucks in the short term, but hopefully this will lead to either his dismissal as Gox CEO or Gox shutting it's doors for good.  2 steps back to take one step forward.

[Chimsley]

He may have resigned from the foundation but the MtGox website is still showing its Bitcoin Foundation gold member status. Does his resignation even mean anything at this point? All the statements from Gox during this whole fiasco came from the company not him personally. While that Foundation gold member logo is up on the site we still have the impression that the Foundation is supporting MtGox. He is still CEO of MtGox as far as I know. So in effect he can still use the Foundation connection to bolster support for MtGox with the added benefit of no actual responsibilities as a member if there even were any.