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 $425 million worth of ‘coin. At least Karpele apologised.
Welp, add it to the list , I guess.