Nitasha Tiku · 02/28/14 04:36PM

Mt. Gox users who lost all their money in the burning embers of the Bitcoin exchange are gathering at to explore "legal options+ remedies." Earlier today, CEO Mike Karpele said he'd be seeking court protection through bankruptcy. Libertarians and the law is like that "Secret Sex" episode of SATC.

Nitasha Tiku · 02/25/14 11:11AM

As Mt. Gox erupts, SecondMarket, best known as a place to unload Facebook stock pre-IPO, emerges from the molten lava with plans for the first ever U.S.-based Bitcoin exchange. It will mimic "the early days of The IntercontinentalExchange," with founding members from "Wall Street banks and well-funded Bitcoin startups (but not, interesting, VC firms)."

Mt.Gox Died and the Money Is Gone

Sam Biddle · 02/25/14 10:20AM

Shoulda invested in art, dudes: the world's most prominent online Bitcoin exchange shut itself down last night. This would be the final punchline to a long-running business farce, but there are a lot of people who are now missing a lot of money.