Future Of Mt. Gox Bitcoin Exchange Uncertain Amid Shutdown

Law360, New York (February 25, 2014, 2:15 PM EST) -- The future of Japan-based bitcoin exchange Mt. Gox is uncertain after its website shut down and a group of six bitcoin companies confirmed Monday the downfall of what was once the world's most prominent digital currency exchange.

Reports Monday that the exchange's website would no longer load set ablaze speculation that Mt. Gox was on the verge of collapse and came as unverified documents obtained by a blogger about an apparent theft of roughly 744,000 in bitcoins over several years circled the Internet.

As of Tuesday...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.