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35 MINS AGO - Yahoo! News

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Once-Leading Bitcoin Exchange Mt. Gox Calls It Quits

Mt. Gox, once the leading Bitcoin exchange, has given up its plans to rebuild following a devastating data breach in February. On February 28, Mt. Gox filed for bankruptcy just days after going offline due to security concerns. The resulting public relations nightmare caused bitcoin prices to dip and ruined Mt. Gox’s credibility as a secure place to store cryptocurrency.

Tags: Once-Leading Bitcoin Exchange Mt. Gox Calls It Quits,  Bitcoin Latest News

1 HOUR AGO - Reuters

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Defunct bitcoin exchange Mt. Gox files for liquidation: WSJ

(Reuters) - Defunct bitcoin exchange Mt. Gox has given up plans to rebuild under bankruptcy protection and has asked a Tokyo court to allow it to be liquidated, the Wall Street Journal reported, citing people familiar with the situation.

Tags: Defunct bitcoin exchange Mt. Gox files for liquidation: WSJ,  Bitcoin Latest News

1 HOUR AGO - CNET

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Mt. Gox reportedly dumps rebuilding plans in favor of liquidation

Shuttered Bitcoin exchange has asked a Tokyo court for permission to liquidate, citing the complexities in such a rehabilitation process, the Wall Street Journal reports.

Tags: Mt. Gox reportedly dumps rebuilding plans in favor of liquidation,  Bitcoin Latest News

1 HOUR AGO - TheNextWeb

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Mt. Gox is reportedly planning for liquidation, but remains hopeful of being acquired

Mt. Gox, the fallen Bitcoin exchange that was once the toast of the virtual currency world, is reportedly ditching plans to rebuild itself under bankruptcy protection, in favor of company liquidation, the Wall Street Journal reports. Interestingly, the Journal reports that a source close to Mt. Gox believes there is “still hope a buyer for the exchange could be found.” ...

Tags: Mt. Gox is reportedly planning for liquidation, but remains hopeful of being acquired,  Bitcoin Latest News

1 HOUR AGO - Yahoo! News

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Mt. Gox abandons rebuilding plans and files for liquidation: WSJ

Mt. Gox, the embattled bitcoin exchange that filed for bankruptcy protection last month after losing almost half a billion dollars' worth of customers' virtual funds, is now reportedly asking a Tokyo court for permission to liquidate. According to The Wall Street Journal, the once leading exchange has abandoned its attempt to rebuild the business under bankruptcy protection due to the complexity ...

Tags: Mt. Gox abandons rebuilding plans and files for liquidation: WSJ,  Bitcoin Latest News