| Home : March 06 2014 Computer News : 10 questions on the Mt. Gox implosion |
|
10 questions on the Mt. Gox implosion |
March 06, 2014
How do half a billion dollars vanish into thin air? That seems to be what happened at popular Bitcoin exchange Mt. Gox, which made a a bankruptcy protection filing in Japan last week.The staggering, unprecedented loss of about 850,000 bitcoins, worth roughly US$474 million, has prompted investors, government officials and journalists to scrutinize the Tokyo-based exchange, but clear facts are few. It seems that no one knew exactly what was going on inside Mt. Gox, even CEO Mark Karpeles, who apologized at a press conference for “weaknesses in the system.”To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2105280/10-questions-on-the-mt-gox-implosion.html#tk.rss_all
|
|
|
|
|
