Former Mt Gox CEO Mark Karpeles is set to go on trial in Japan for losing million of dollars worth of bitcoins. Those affected hope to claw back some of their money from Karpeles through the trial.
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Last month, popular Bitcoin exchange MtGOX closed its doors and shut down its site. Their website is now back up, but at current it only allows users to check their balance.
After a long string of Bitcoin withdrawal issues compounded with recent allegations of insider trading, Bitcoin exchange MtGOX looks to be shutting down their operations.
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