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Author Topic: Japanese authorities investigating Mt. Gox !  (Read 726 times)
bananas (OP)
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February 26, 2014, 09:43:06 PM
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Bitcoin Holders Resigned to Losses as Japan Probes Mt. Gox

Japanese authorities began investigating Mt. Gox, the Tokyo-based Bitcoin exchange that shut down this week, amid calls for regulation of the digital currency as customers face losses.

The Financial Services Agency, Finance Ministry and police are examining the closure of Mt. Gox, Chief Cabinet Secretary Yoshihide Suga said today. Officials from the FSA, the ministry and the Bank of Japan said they didn’t have responsibility for overseeing Bitcoin. Mt. Gox has been subpoenaed by U.S. prosecutors, the Wall Street Journal reported.

Kolin Burges is among the customers who stand to lose their Bitcoins after Mt. Gox went offline amid reports that more than $390 million of the virtual currency may have been stolen. The news triggered renewed calls for more security and consumer protection from U.S. officials, while Democratic Party of Japan lawmaker Tsutomu Okubo called on his government to rectify the lack of regulation.

http://www.bloomberg.com/news/2014-02-26/bitcoin-holders-resigned-to-losses-as-mt-gox-faces-japan-probe.html
bananas (OP)
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February 26, 2014, 09:49:36 PM
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The Tokyo Metropolitan Police Department is in talks with Mt. Gox customers after it received inquiries from them, a police official said by phone, asking not to be named in accordance with department policy.
Lauda
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February 26, 2014, 09:56:58 PM
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Unless they take action, this is pointless.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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Noisskal
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February 26, 2014, 10:01:15 PM
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For at least some body are doing something rather than just leave it
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February 26, 2014, 10:04:07 PM
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For at least some body are doing something rather than just leave it
For now, they are.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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