Stories
Slash Boxes
Comments

SoylentNews is people

MtGox Shuts Down, CEO Resigns From BTC Foundation

posted by Dopefish on Tuesday February 25 2014, @06:00PM   Printer-friendly
from the that-didn't-end-well dept.
lennier writes "Has Magic the Gathering Online Exchange tapped all its mana? MtGox, the first and best known Bitcoin exchange, has abruptly shut down, and CEO Mark Karpeles has resigned from the Bitcoin Foundation after rumors of ongoing theft related to the transaction malleability issue reported several weeks ago. According to the latest news reports, Bitcoin has hit a three-month low of $465 USD per coin."
 
This discussion has been archived. No new comments can be posted.
MtGox Shuts Down, CEO Resigns From BTC Foundation | Log In/Create an Account | Top | 90 comments | Search Discussion
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

  • (Score: 1) by pogostix on Wednesday February 26 2014, @03:47AM

    by pogostix (1696) on Wednesday February 26 2014, @03:47AM (#7100)
    The value at the time of the theft doesn't matter.
    The value at the time the thiefs redeem/spend them is what counts

  • (Score: 0) by Anonymous Coward on Wednesday February 26 2014, @05:58PM

    by Anonymous Coward on Wednesday February 26 2014, @05:58PM (#7429)

    Uh, yeah, and stealing your customers' money and shutting down your exchange is a great way to drive up the price by killing investor confidence.

    Did you even think this through, or are you just drawn to conspiracy theories?