Friday, February 28, 2014

Bitcoin News: Mt Gox Files For Bankruptcy After $473 Million In Bitcoins “Disappeared” Honey Pot For NSA (Video Report)




 
Bitcoin, the digital currency which many have speculated was conceived by the NSA nearly two decades ago and was used as a honeypot to trap the gullible. Well they need look no further.  Mt.Gox which after halting withdrawals for the second (and final time) has finally done the honorable thing, and filed for bankruptcy.

As the WSJ reports, “Bitcoin exchange Mt. Gox said Friday it was filing for bankruptcy protection after losing almost 750,000 of its customers’ bitcoins, marking the collapse of a marketplace that once dominated trading in the virtual currency.

The company said it also lost around 100,000 of its own bitcoins. Together, the lost bitcoins would be worth approximately $473 million at market prices charted by the CoinDesk bitcoin index, although the price of Mt. Gox bitcoin had fallen well below that index after it stopped bitcoin withdrawals in early February.”

http://b4in.info/dTAw