Mt Gox says 200,000 of total missing Bitcoins in old virtual wallets
In an statement published on its website, Mt Gox announced that it was able to recover 200,000 of the 800,000 Bitcoins missing from old format wallets that were no longer used.
Tags: Mt Gox shutdown
The Monetary Authority of Singapore has said in its latest statement that it will be one of the first countries who has taken to regulate Bitcoin to address risks that the currency could be used for money-laundering and terrorism funding purposes.
Two months prior to the shutdown and eventual filing of bankruptcy protection by Mt Gox, Reuters said the exchange received a civil complaint from a New Yorker over allegations of regulatory compliance and illegal holding of his deposit.
Selachii LLP lawyer Richard Howlett was quoted as saying that their clients are looking to recoup their lost investment from Chief Executive Officer Mark Karpeles' personal wealth, Coindesk said in a report.
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