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Mt. Gox files for bankruptcy protection

Mt. Gox sought bankruptcy protection in Japan after reporting that approximately 850,000 BTC were missing.

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The total initially included about 750,000 customer bitcoins and 100,000 company bitcoins; 200,000 BTC were later reported found in an old wallet. Creditors entered a long rehabilitation process, while research challenged the company’s original explanation of widespread transaction-malleability theft.