Mt. Gox Crypto Exchange Begins Civil Rehabilitation Proceedings, Ends Bitcoin Sell-Offs

Mt. Gox will not sell any more Bitcoin to repay creditors after swapping bankruptcy proceedings for civil rehabilitation. Defunct Bitcoin exchange Mt. Gox has formally entered civil rehabilitation proceedings, officials announced June 22. A statement and accompanying documentation confirm the move, which will see attorney Nobuaki Kobayashi act as civil rehabilitation trustee. Kobayashi was responsible […]

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