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Bitcoin exchange Mt. Gox disappears in blow to virtual currency
By Ruairidh Villar and Sophie Knight
Tuesday, February 25, 2014
TOKYO -- Mt. Gox, once the world's biggest bitcoin exchange, looked to have essentially disappeared on Tuesday, with its website down, its founder unaccounted for, and a Tokyo office empty except for a handful of protesters saying they had lost money investing in the virtual currency.
The digital marketplace operator, which began as a venue for trading cards, had surged to the top of the bitcoin world, but critics -- from rival exchanges to burned investors -- said Mt. Gox had long been lax over its security.
It was not clear what has become of the exchange, which this month halted withdrawals indefinitely after detecting "unusual activity." A global bitcoin organization referred to the exchange's "exit," while angry investors questioned whether it was still solvent. ...
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