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Remember Mt. Gox?

Wait, what do you mean "remember"?

Seems they've gone offline.

From a CNET story:
Embattled Bitcoin exchange Mt. Gox has largely vanished from the Internet amid accusations that the exchange is insolvent after a years-long theft that resulted in the loss of hundreds of millions of dollars.

The Web site for the Tokyo-based exchange has been wiped clean, as has its official Twitter feed. A screen shot posted by a Reddit user indicates that trading on the exchange has been halted.


The exchange's apparent shutdown was linked to an alleged hacking that went unnoticed for years, according to a purported internal Mt. Gox document circulating on the Internet. Labeled "Crisis strategy draft," the document reports that the exchange suffered a loss of 744,000 Bitcoins, about $350 million at Monday's trading, and outlines a scheme for restoring confidence in the exchange.

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Date: 2014-02-25 04:09 pm (UTC)
From: [identity profile] nihilistic-kid.livejournal.com
The best part—better than even the fact that the hack went unnoticed for years—was that the "scheme for restoring confidence" basically involved begging people with lots of coins to put them into Mt.Gox anyway, because community or something.

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