More Bad News From Mt.Gox: All Your Bitcoin Money Is Gone

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The Mt.Gox saga just gets sadder and sadder. Not only did the company file for bankruptcy, but Mt.Gox CEO Mike Karpele went on Japanese TV a few minutes ago and admitted that everybody's money is gone. Gone, gone, gone.

How much money? According to one translation of the press conference: "The 750,000 bitcoins we kept for users, (37,000 million yen), almost all gone." That's over $424 million worth of 'coin. At least Karpele apologized.

Welp, add it to the list, I guess.