Monday, March 10, 2014

Mt. Gox files for Chapter 15 in US

The bitcoin exchange Mt. Gox filed for Chapter 15 in the U.S. on Sunday, a chapter of the bankruptcy code that is designed to facilitate dealing with insolvency cases with parties in more than one country. Mt. Gox, which is based in Tokyo, filed for bankruptcy in Japan on Feb. 28.

(Via Market Watch)

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