26 Results for

insolvency

Article

Bitcoin exchange Mt. Gox offline amid 'insolvency' charges

The Web site and Twitter feed of the troubled Bitcoin exchange are wiped clean as trading is apparently halted.

By February 24, 2014

Article

CEO Steve Perlman leaves OnLive amid insolvency proceedings

As its founder steps down, an investor and a top manager are taking over the struggling company.

By August 27, 2012

Article

Free Wi-Fi provider Gowex goes belly up after cooking the books

The Spanish company's CEO Jenaro Garcia Martin comes clean about inflating revenue -- "I am sorry with all of my heart," he says.

By July 7, 2014

Article

Bitcoin exchanges reportedly probed over link to Silk Road

Several exchanges, including shuttered Mt. Gox, have received subpoenas probing possible ties to the online drug marketplace, the Wall Street Journal reports.

By May 19, 2014

Article

Bitcoin exchange Kraken raises millions of dollars

Aiming to become the new hot virtual-currency exchange, Kraken lands $5 million in a Series A round of funding from Hummingbird Ventures.

By March 25, 2014

Article

Mt. Gox finds 200,000 missing bitcoins in unused wallet

Discovery reduces the number of bitcoins believed stolen in fraudulent withdrawals from 850,000 to 650,000.

By March 20, 2014

Article

Japan: 'Bitcoin isn't a currency'

Without any regulatory or government oversight, the government forbids commercial banks to provide customers with the cryptocurrency.

By March 6, 2014

Article

Police probe death of Bitcoin exchange's young CEO

The cause of Autumn Radtke's death is still under investigation, yet rumors abound that she committed suicide.

By March 5, 2014

Article

Congressman: If we ban Bitcoin, let's ban dollar bills too

"The dollar bill market has been extremely susceptible to forgers, tax fraud, criminal cartels, and armed robbers stealing millions of dollars from their legitimate owners," Rep. Jared Polis writes to federal regulators.

By March 5, 2014

Article

Friday Poll: Should Bitcoin be banned?

A senator calls for a US ban on Bitcoin, calling the currency "disruptive." Would you like to see a cryptocurrency crackdown, or are you on the Bitcoin bandwagon?

By February 28, 2014