“U.S. investors seeking to revive Mt. Gox have launched a last-ditch effort to convince a Japanese bankruptcy court to support their proposal after the failed bitcoin exchange announced it would abandon a rehabilitation plan and instead move to liquidate its assets. As part of this effort, the investor group has launched a website, savegox.com, to explain its proposal and create a mechanism for Mt. Gox’s 127,000 creditors to express their support for it.  The group’s proposed new exchange would be led by John Betts, who built electronic trading platforms at Goldman Sachs Group Inc. and Morgan Stanley in New York.”

http://online.wsj.com/news/articles/SB10001424052702304810904579507980740114154

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