Tokyo Court ordered liquidation of bitcoin exchange Mt Gox after the firm collapsed in February. Tokyo bitcoin exchange Mt Gox is set to be liquidated after a Japanese court issued an order to start bankruptcy proceedings, said the company on Thursday. Mt Gox, the largest bitcoin exchange in the world, filed for bankruptcy on February 28 after it had lost 850,000 coins estimated at about USD 500 million. Moreover, the sum of USD 27 million was stolen from its banks accounts. The company filed for protection in the US in…
Tokyo Court Orders Bankruptcy Trustee to Begin Mt. Gox Liquidation Process
