Tuesday, February 25, 2014

US government reportedly investigating Mt. Gox while its CEO sidesteps theft claims


The woeful situation for Bitcoin exchange Mt. Gox, which went offline earlier today, is seemingly no close to getting better. A pair of reports suggest that the company is now being investigated by federal prosecutors, and could have indeed lost over 744,000 Bitcoins in a theft several years ago. Citing an unnamed source, The Wall Street Journal says federal prosecutors subpoenaed Mt. Gox sometime this month, asking it to preserve documents. One of those could include details of the company's "crisis strategy," an unverified document that leaked out earlier this week cataloging the supposed theft. In an IRC chat log obtained by Fox Business, Mt. Gox CEO Mark Karpeles now says that document is "more or less" legitimate, though he steered...


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