Friday, February 28, 2014

That Was Quick

The world's largest bitcoin exchange filed for bankruptcy protection in Japan on Friday, saying it had lost about $420 million worth of its customers' bitcoins because of a "weakness" in its system.

Mark Karpeles, the French CEO of Mt. Gox, bowed in contrition at a press conference at the Tokyo District Court and said he was "sorry."

  alJazeera
He’s sorry. What else do you want?

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