Japan - Bitcoin boss resurfaces
Print Edition
The head of troubled bitcoin exchange Mt Gox says in a Web post that he is still in Japan, and “working very hard” to find a solution to the Tokyo-based organization’s problems.
The exchange has suspended trading amid accusations it suffered a catastrophic theft and its website went blank on Tuesday, sparking speculation that it collapsed.
Bitcoin, created in 2009, is an online currency that allows people to make transactions across borders without involving third parties such as banks or credit card issuers.
Tokyo-based Mt Gox was one of the world’s biggest exchanges for bitcoins.
CEO Mark Karpeles, who has disappeared from the public eye, said in a two-paragraph post on the Mt Gox website dated Wednesday that he has the support of different parties in finding a “solution to our recent issues.”
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