Crisis Management Lessons From Mt. Gox

Law360, New York (April 4, 2014, 12:08 PM EDT) -- 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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.