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Largest Trading Platform For Bitcoins Is Gone was once the world’s largest trading platform for bitcoins. Now, it´s gone.

Mt.Gox was taken offline late Monday, putting at risk millions of dollars of their investors who gambled on this digital currency. The exchange company also deleted all of their tweets, and Mt.Gox´s CEO Mark Karpeles resigned from the Bitcoin Foundation’s board of directors on Sunday.

The news also scared other investors elsewhere, knocking the price of Bitcoin down about 3% to $490 — its lowest level since November 2013.

For now, there’s no clue what’s behind this shutdown. Mt.Gox did not respond to requests for comment.

However, an unverified document called “Crisis Strategy Draft” that is circulating online states Mt.Gox has lost 744,408 of its users’ bitcoins, worth nearly $367 million. It also says Mt.Gox is preparing to rebrand itself as Gox.

Official statement on Mt.Gox website says:

Dear MtGox Customers,

In light of recent news reports and the potential repercussions on MtGox’s operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.

Best regards,
MtGox Team
How will this affect future of world´s first digital currency? Only time will tell.

On the other side, this could be a good time to invest in Bitcoin as it is cheap now. Check current price.


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