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Expert Analysis

The (Private) Key To Unlocking Bitcoin Legal Issues

Law360, New York (February 19, 2015, 10:38 AM EST) -- In February 2014, Mt. Gox, the largest bitcoin exchange at the time, halted withdrawals and $500 million of wealth effectively disappeared. Business leaders, politicians and journalists concluded this was symptomatic of a fundamental insecurity in the bitcoin payment system. Since bitcoins are a digital currency, they supposed, hackers must have simply stolen some digital stuff. Bitcoin is too insecure to last and there will be more disasters like this one....

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