Mt. Gox Inc., the American affiliate of the bankrupt Bitcoin exchange that lost track of hundreds of millions of dollars’ worth of virtual currency, had its U.S. assets frozen by a federal judge in Chicago.
U.S. District Judge Gary Feinerman today issued a temporary order tying up money and property belonging to the affiliate, its ultimate corporate parent, Tibanne KK, and principal Mark Karpeles after a hearing today.
He issued that order without opposition from the frozen entities, who weren’t represented in court, and in the presence of lawyers for the parent, Tokyo-based Mt. Gox Co., which filed for bankruptcy in Japan last month. Feinerman’s order doesn’t cover the bankrupt entity and expires on March 25.
Once the world’s biggest Bitcoin exchange, Mt. Gox Co. said in a U.S. court filing that almost 750,000 customer Bitcoins and 100,000 of its own, about 7 percent of all Bitcoins in existence worldwide, were missing and probably stolen.
It feels good to be running from the devil
Another breath and I'm up another level
It feels good to be up above the clouds
It feels good for the first time in a long time now