Tokyo-based exchange Mt. Gox announced on Friday that it was filing for bankruptcy protection, following a security breach that allowed hackers to defraud the company's customers of more than 700,000 coins. The company admitted such a software flaw existed several weeks ago. “There were weaknesses in the system,” exchange executive Mark Karpeles said. “I’m truly sorry to have caused inconvenience.”
http://dealbook.nytimes.com/2014/02/28/mt-gox-files-for-bankruptcy/?_php=true&_type=blogs&_php=true&_type=blogs&smid=tw-nytimes&_r=1
http://dealbook.nytimes.com/2014/02/28/mt-gox-files-for-bankruptcy/?_php=true&_type=blogs&_php=true&_type=blogs&smid=tw-nytimes&_r=1
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