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Mt. Gox files for bankruptcy after 850,000 bitcoins go missingIn , Mt. Gox, a Tokyo-based Bitcoin exchange, filed for bankruptcy after losing approximately , Bitcoins, worth around $ million at the time. Mark Karpeles faces up to five years in jail as Japanese authorities press charges in bankruptcy case that lost bitcoins and $28m of user. , bitcoins valued at $ million in February , along with $27 million in cash. Although , were eventually found, the.
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