“Mt. Gox is officially filing for bankruptcy protection with an outstanding debt of ¥6.5bn ($63.6m), finally admitting openly that 750,000 of its bitcoins and 100,000 of the company’s own have been lost.  The exchange’s lawyer announced the news during a conference at the Tokyo District Court. CEO Mark Karpeles, wearing a suit and tie, bowed deeply in the tradition of disgraced Japanese business leaders fronting the media.  Assets include $5m ‘held by CoinLab‘ and another $5.5m ‘held by the DHS‘. The Department of Homeland Security seized that amount from Mt. Gox’s US accounts in mid 2013, claiming it had not registered properly as a money transmission business.”

http://www.coindesk.com/mt-gox-files-bankruptcy-claims-63-6m-debt/

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