Mt. Gox Shutdown Highlights Bitcoin Consumer Pitfalls

Law360, New York (February 25, 2014, 6:46 PM EST) -- The shutdown of Japan-based bitcoin exchange Mt. Gox may leave investors with little recourse to recover their virtual currency, shifting some legal scrutiny of the exchanges from potential criminal activity to the lack of consumer protection in the largely unregulated bitcoin market, experts say.

Reports Monday that the exchange's website would no longer load and was not permitting withdrawals unleashed widespread speculation that Mt. Gox was on the verge of a total collapse and came as unverified documents obtained by a blogger about an apparent several-year...
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