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Mt Gox wins brief U.S. bankruptcy protection

Mar 11, 2014, 2:08 AM EDT
A man looks at the Bitcoin exchange website of MtGox in Tokyo, February 25, 2014.
AFP/File, Yoshikazu Tsuno

Troubled Japanese bitcoin exchange Mt Gox has won temporary bankruptcy protection in the U.S. A judge in Dallas, Texas, agreed to protect the firm's assets and temporarily halt two US lawsuits while bankruptcy proceedings occur in Japan. The firm filed for bankruptcy in Japan in February after losing about $473m (£284m) worth of customers' bitcoins to what it says was a hacking attack.
Background:
Bitcoin firm Mt Gox wins brief U.S. bankruptcy protection [BBC]
Mt. Gox to open call center for disappearing bitcoin questions [Mashable]

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