Mt. Gox files for bankruptcy in U.S. to stop lawsuits

Today in an effort “to temporarily halt U.S. legal action,” Mt. Gox ‒ previously the world’s largest bitcoin exchange ‒ filed for U.S. bankruptcy. Reuters reported, “The Chapter 15 filing allows Mt. Gox to ask the U.S. Bankruptcy Court to recognize its foreign bankruptcy and to assist in the Japanese proceedings by protecting its U.S.-based assets. U.S. creditors can contest Mt. Gox’s request for…
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