Creditors and investors of the bankrupt Bitcoin exchange, Mt. Gox, have proposed to revive the exchange in order to get more returns than they would receive by simply liquidating the assets.
A new report claims that the embattered Bitcoin exchange Mt. Gox has asked a court in Tokyo permission to file for liquidation after filing for bankruptcy protection in late February.
Japanese Bitcoin exchange, Mt. Gox, has revealed that it has found 200,000 missing bitcoins after searching in wallets which used an old format, but is still far from recovering the remaining 650,000.
Mt. Gox, the once popular Bitcoin exchange, has announced it has filed for bankruptcy protection, and officially revealed it lost a total of $473 million of the online-only currency to fraud.