Mt. Gox ran out of money six months before going bust

Aug 4, 2015

Mt. Gox ran out of money six months before going bust

Bitcoin exchange Mt. Gox Co. apparently ran out of money six months before it announced in February 2014 that it was filing for bankruptcy after tens of millions of dollars worth of the virtual currency and client funds disappeared, investigative sources said Tuesday. The ...

Feb 10, 2015

Millions missing in suspected Hong Kong Bitcoin scam

Phones at a Hong Kong-based Bitcoin trading company went unanswered Tuesday after the company apparently disappeared and took with it tens of millions of dollars of investors’ money, although the true total could be much higher. Investors feared the MyCoin online venture, whose website ...

Nov 26, 2014

Bitcoin exchange Kraken to help in Mt. Gox bankruptcy

U.S. bitcoin exchange operator Payward Inc said on Wednesday it will work on retrieving some millions of dollars lost by Tokyo-based Mt. Gox, once the world’s largest bitcoin exchange before it collapsed in bankruptcy this year. Kraken, Payward’s bitcoin exchange, will assist Mt. Gox’s ...

Aug 2, 2014

U.S. seeks Japan's cooperation in Mt. Gox probe

U.S. judicial authorities have sought cooperation from Japanese law enforcement in an investigation into alleged fraud at failed bitcoin exchange operator Mt. Gox, sources revealed Saturday. The approach came last spring from federal prosecutors in New York who opened a probe into allegations about ...