Mt. Gox is Dead.


It’s not official, it’s not looking good for Mt. Gox, the online exchange that has held withdrawals from its customers for weeks now. There are now reports of the exchange halting  trades.

Update: All trades have ceased, eve of 2/24/14. has recently released a join statement on the topic.

“We are witnessing the failure of a company the government would deem ‘too big to fail,'” says one redditor, and they are right. The free market gobbles you up and spits you out when you keep messing up, as this isn’t their first time being solely responsible for tanking the market…  Continue reading