Crisis Management Lessons From Mt. Gox

Law360, New York (April 04, 2014, 12:08 PM ET) -- Bitcoin, the most widely used cryptocurrency, appears likely to persevere despite the serious challenges to the industry of late. The same, unfortunately, cannot be said for Mt. Gox, which, until its recent bankruptcy, was the foremost Bitcoin exchange.

Much already has been suggested as to the cause of this demise: outside hackers; an inside job; inattention of leadership; immaturity of the business. Some have advocated that the young Bitcoin industry as a whole needs to get the children out of the way so the grown-ups can...
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