Bitcoin exchange Mt. Gox files for bankruptcy’

mt. Gox has officially filed for bankruptcy. This is reported by an American newspaper based on anonymous sources. Earlier, the bitcoin exchange requested a deferment of payment to be able to bounce back, but those plans would be shelved.

mt. Gox has not officially announced that it has filed for bankruptcy, but the American business newspaper The Wall Street Journal reports the bankruptcy filing based on anonymous sources. According to one business newspaper source, Mt. Gox still that the operations of the exchange are being taken over by another company.

The bitcoin exchange applied for a deferral of payment in February, after the exchange said it had lost hundreds of millions of euros in bitcoins, probably due to theft via a bug in the implementation of the bitcoin protocol. Later, some of the bitcoins were recovered. However, experts argue that so many bitcoins could never have been stolen through the bug.

mt. Gox initially wanted to reorganize the company using the deferral of payments, but experts immediately warned that it would be difficult: all creditors of Mt. Gox would have to agree to the plans for that. This includes everyone who had bitcoins at the exchange; in total the stock exchange therefore had 127,000 creditors.