Mt. Gox Liquidation Is A Bad Sign For US Investors

By Maria Chutchian (April 18, 2014, 7:23 PM EDT) -- Now that a Japanese court has eliminated any chance of saving bitcoin operator Mt. Gox, experts say U.S. customers shouldn't get their hopes up for a substantial recovery or any concrete answers about its downfall from its chief executive.

The Tokyo District Court recently decided that Mt. Gox will be liquidated, but because much of the bitcoin currency that went missing earlier this year is still unaccounted for, and with the company's CEO seemingly unlikely to appear in the U.S. for questioning, bankruptcy and bitcoin experts say it's going to be an ordeal for U.S. customers who lost money when the...

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