February 03, 2015 BY Andrew Saks-McLeod

Official bankruptcy proceedings begin against MtGox parent company Tibanne

In February 2014, Japanese Bitcoin exchange MtGox went bankrupt after 750,000 Bitcoins went missing from secure wallets. Almost one year later, MtGox's parent company Tibanne has now become bankrupt, with confirmation having been issued by attorney and bankruptcy trustee Nobuaki Kobayashi

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