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Author Topic: *BREAKING NEWS* MT GOX OFFICIALLY FILES FOR BANKRUPTCY *-*  (Read 823 times)
CrashX
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February 28, 2014, 08:40:20 PM
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Mt. Gox Files for Bankruptcy, Claims $63.6m Debt.

http://www.coindesk.com/mt-gox-files-bankruptcy-claims-63-6m-debt/

http://money.cnn.com/2014/02/28/investing/mt-gox-bankruptcy/index.html

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delphic
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February 28, 2014, 08:57:35 PM
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oh FFS. The first line of the Coindesk article reads

Quote
Mt. Gox is officially filing for bankruptcy protection

Which is not the same as bankruptcy.

FUD from Coindesk. No need to repeat it here.
CrashX
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February 28, 2014, 09:05:24 PM
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I guess each outlets translated the conference differently.

on CNN
Quote
Mt.Gox learned Monday that 1.75 million bitcoins held by the company and its customers had disappeared, according to Teikoku Databank, a Japanese bankruptcy tracking firm.

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February 28, 2014, 09:44:42 PM
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No surprise here, it was only a matter of time before they filed for bankruptcy protection. I think we all saw this coming.

All I can say is that they are very lucky they are located in Japan, and not in the United States. There would be way more lawsuits if they were located there.

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