A lawyer representing Mt. Gox has announced that the bitcoin exchange is filing for bankruptcy protection, and that the company has outstanding debt of around $63.6 million.
The announcement was made at a news conference at the Tokyo District Court,reports the Wall Street Journal. Mt. Gox, which stopped bitcoin withdrawals in early February, stopped all transactions on Tuesday amid reports that 744,000 bitcoins had been stolen.
Link to original Gizmodo artical
Link to Wallstreet Journal artical
Apparently, all of the bitcoins became "lost"..
"There was some weakness in the system, and the bitcoins have disappeared. I apologize for causing trouble"
Is all the owner of MtGox could say.
Well, if there was any doubt about it, or any shrivel of hope that MtGox would come back for some reason, it's gone now.