No Plans for Mt. Gox to Restart the Business After Filing Bankruptcy Due to $425 Million Worth of Loss Due to Hacking
Tokyo-based bitcoin exchange Mt. Gox finally filed a bankruptcy this April due to the loss of bidding for reorganization, a bankruptcy court in Japan announced on April 16, 2014. It will be noted that Mt. Gox collapsed earlier this year due to a loss of a total of $425 million worth of bitcoin currency.
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