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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Ms. Baby Boomer who wrote (48002)2/28/2014 11:41:07 AM
From: Ms. Baby Boomer  Respond to of 48092
 
Mt. Gox files for bankruptcy protection: WSJ...

MADRID (MarketWatch) -- Troubled bitcoin exchange Mt. Gox has filed for bankruptcy protection, with outstanding debt of $63.6 million, The Wall Street Journal reported on Friday. The announcement was made by a lawyer for the company at the Tokyo District Court. Late Tuesday, the WSJ reported that federal prosecutors based in New York had served Mt. Gox with a subpoena earlier this month. The website was wiped clean of information earlier this week, sending panic through investors who have been trying to get their bitcoins off the troubled exchange. The last statement came from Mt. Gox on Tuesday when it said all transactions were being closed for the time being to "protect the site and our users." Mt. Gox said 750,000 of its customers' bitcoins and 100,000 of its own had been lost, representing a loss of $473 million...

marketwatch.com

IMHO, consideration should be given to pulling the plug on Bitcoin ATMs...

Have a nice weekend....