# Bitcoin: What is happening at Mt. Gox?

**URL:** <https://boards.straightdope.com/t/bitcoin-what-is-happening-at-mt-gox/682237>\
**Category:** In My Humble Opinion\
**Created:** [February 25, 2014, 5:50pm UTC](https://boards.straightdope.com/t/bitcoin-what-is-happening-at-mt-gox/682237 "2014-02-25T17:50:15Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![Tom\_Tildrum](https://avatars.discourse-cdn.com/v4/letter/t/e95f7d/32.png) [@Tom\_Tildrum](https://boards.straightdope.com/u/Tom_Tildrum)\
**Post date:** [February 25, 2014, 5:50pm UTC](https://boards.straightdope.com/t/bitcoin-what-is-happening-at-mt-gox/682237/1 "2014-02-25T17:50:15Z")

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Recently, a [memo](http://two-bit-idiot.tumblr.com/post/77745633839/bitcoins-apocalyptic-moment-mt-gox-may-have-lost) surfaced, stating that approximately 750,000 Bitcoins had been stolen or lost from Mt. Gox, a large Bitcoin exchange. The authenticity of this memo has not been established.

Now, Mt. Gox’s website has [disappeared](http://money.cnn.com/2014/02/25/technology/security/mtgox-bitcoin/) and, the company may be [bankrupt](http://www.nytimes.com/2014/02/25/business/apparent-theft-at-mt-gox-shakes-bitcoin-world.html?_r=0). Has anyone heard anything further? What does this mean for the future of Bitcoin?

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**Author:** ![Amateur\_Barbarian](https://avatars.discourse-cdn.com/v4/letter/a/59ef9b/32.png) [@Amateur\_Barbarian](https://boards.straightdope.com/u/Amateur_Barbarian)\
**Post date:** [February 25, 2014, 6:04pm UTC](https://boards.straightdope.com/t/bitcoin-what-is-happening-at-mt-gox/682237/2 "2014-02-25T18:04:29Z")

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Duplicate thread. Discussion already begun in [this one](http://boards.straightdope.com/sdmb/showthread.php?t=716749).

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**Author:** ![Tom\_Tildrum](https://avatars.discourse-cdn.com/v4/letter/t/e95f7d/32.png) [@Tom\_Tildrum](https://boards.straightdope.com/u/Tom_Tildrum)\
**Post date:** [February 25, 2014, 6:12pm UTC](https://boards.straightdope.com/t/bitcoin-what-is-happening-at-mt-gox/682237/3 "2014-02-25T18:12:05Z")

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Thanks. I reported this thread for closure.

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**Author:** ![Idle\_Thoughts](https://avatars.discourse-cdn.com/v4/letter/i/838e76/32.png) [@Idle\_Thoughts](https://boards.straightdope.com/u/Idle_Thoughts)\
**Post date:** [February 25, 2014, 6:19pm UTC](https://boards.straightdope.com/t/bitcoin-what-is-happening-at-mt-gox/682237/4 "2014-02-25T18:19:55Z")

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Done
