Home

Mt.Gox Files For Bankruptcy After Collapse Of Bitcoin Exchange

Liang CHE

Summary: Mt.Gox filed for bankruptcy protection in Tokyo on Friday, with the world’s former biggest bitcoin exchange blaming “a weakness in our system” for its collapse. The exchange’s CEO Mark Karpeles, bowing, apologised at a news conference for causing trouble to so many people, and said that he intended to launch a criminal complaint against the ...

Mt.Gox filed for bankruptcy protection in Tokyo on Friday, with the world’s former biggest bitcoin exchange blaming “a weakness in our system” for its collapse.

The exchange’s CEO Mark Karpeles, bowing, apologised at a news conference for causing trouble to so many people, and said that he intended to launch a criminal complaint against the hacking attack which caused the site’s downfall. However, he added, he had no specific means to do so.

The news conference is Karpeles’ second public statement since MtGox deleted its website on Tuesday, following a terse comment released on Wednesday.

By Liang CHE

Last Update:

Tags: ,
Link: Mt.Gox Files For Bankruptcy After Collapse Of Bitcoin Exchange   [Copy]
Next: This is the last one.
  • Are Airdrops Overfarmed? State of the Market 22 hours ago
  • Autonomous Worlds: The Ultimate Goal of Blockchain? 2 days ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 5 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 6 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 16 days ago
  • You need to login to comment.