The collapse of Mt.Gox still looms large in the bitcoin world. In a matter of weeks, the once-iconic Tokyo-based exchange crumbled amid vague and as-yet unsubstantiated claims of hacking. Not surprisingly, many have since come to suspect that there’s more to the Mt.Gox story than has been revealed. Without access to the company’s internal database, […]
Defunct Tokyo-based bitcoin exchange Mt.Gox recently announced that the resolution to its ongoing bankruptcy case will be delayed by at least another six months. In a new update to Mt.Gox’s website, court-appointed trustee Nobuaki Kobayashi said that an order issued last month by the Tokyo District Court 20th Civil Division has pushed the claim-filing period […]
The Mt.Gox bankruptcy moved another step closer to resolution today, with the official appointment of attorney Nobuaki Kobayashi as trustee for the failed exchange. Mt.Gox changed its filing in a Tokyo court earlier this month, dropping plans for a proposed rehabilitation due to an “extremely large” number of creditors and a massive logistical challenge getting […]
After nearly two months under bankruptcy protection, defunct bitcoin exchange Mt.Gox has officially ended all plans to rebuild. Earlier today, Mt.Gox’s attorney’s asked a Tokyo court to allow the company to begin the liquidation process. The move comes as a blow to the exchanges former customers, many of whom hoped a buyer for the company […]