The U.S. filing made in Dallas late Sunday supplements a bankruptcy petition that Mt. Gox submitted in Japan at the end of last month.
Mt. Gox was once the world’s largest exchange specializing in bitcoins, but now finds itself in a financial mess after losing about 850,000 bitcoins valued at $473 million, according to court documents.
Although it’s based in Tokyo, Mt. Gox is opening a bankruptcy case in the U.S. in an attempt to delay a recent federal lawsuit filed in Illinois on behalf of all U.S. residents burned by the exchange’s abrupt demise.
MORE HBJ HEADLINES
- Before you cry inequity from parents, look at the numbers
- Briefs: Beardslee Public House opens in Bothell
- Boeing says KC-46 tanker’s first flight further delayed
- What entrepreneurs can learn from the Wright Brothers
- Katsu Burger brings Asian-fusion burgers to Lynnwood
- QVC owner Liberty buying Seattle’s Zulily in about $2.3 billion deal
Our new comment system is not supported in IE 7. Please upgrade your browser here.