It looks like Mt.Gox has finally thrown in the towel. The company filed for bankruptcy protection at a Tokyo court on Friday with debts of 6.5 billion yen ($64 million), Japanese media reported. Mt.Gox was one of the world’s largest bitcoin exchanges until earlier this month, when it stopped investors from withdrawing money after discovering that its trading platform was under attack by hackers. The Tokyo-based company took down its website and halted trading in the virtual currency entirely on Monday. CEO Mark Karpeles said as recently as Wednesday that he was working with “different parties” to resolve the exchange’s issues. More
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