
“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
Related posts:
American Airlines cuts Venezuela flights after Maduro threat
Clashes erupt as Islamists push back in Egypt
Cuba plans big tax breaks to lure foreign investors
The bacterium that lays tiny nuggets of gold
Jim Rogers: Biggest Event of Next 10-20 Years Just Happened in China
Feds to return $107K they seized from NC business owner
Sen. Chambliss: 'We can't just leave event security to communities'
Criminals can’t escape the cameras
US health insurers rush to consolidate after Obamacare ruling
Company pensions in peril as shortfalls hit record
India’s poor ‘duped’ into clinical trials for untested drugs
Bigger than Libor? Forex probe hangs over banks
Mentally disabled woman calls 911 while being beaten during own arrest
In Venezuela, Almost-Free Gas Comes at a High Cost
Follow-the-Data Fed May Play Follow-the-Markets to Avoid Shock