Japan Finance Minister Gathering Facts on Bitcoin Exchange Mt.Gox

Submitted by Reuters on

Written by :

Reuters

Published on :

(Reuters) - Japanese Finance  Minister Taro Aso said on Tuesday that the government is still trying to figure out what has led to the collapse of the Tokyo-based bitcoin exchange Mt. Gox and is not sure whether crime is involved.

"We still have not had a clear grasp of the situation," Aso said in response to a reporter's question after a cabinet meeting. "(We) don't know if it was a crime or just a bankruptcy."

Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual currency due to hacking into its faulty computer system.

 

Related Content

Football, Crypto and $5 Million of Rewards in 1win’s World Cup Mega Tournament

Football, Crypto and $5 Million of Rewards in 1win’s World Cup Mega Tournament

1win is inviting users to compete for a total of 5,000,000 USDT in rewards during the FIFA World Cup 2026. The new Football World Cup tournament by 1win will run between June 11 and July 19, 2026.
Gemini Predicted

Gemini Predicted - Bass Leads in LA Mayoral Race, Bitcoin Dips, Golden Knights Still Stanley Cup Favorites

Gemini Predicted has the latest on the LA Mayoral race between Karen Bass and challenger Nithya Raman, the Golden Knights Stanley Cup chances and how Bitcoin has failed to sustain a rally.
Cryptocurrency Processor Makes History as Nevada's First to Enter Regulated Gambling Market

Cryptocurrency Processor Makes History as Nevada's First to Enter Regulated Gambling Market

In a historic first, BurraPay announced it will become the world's first cryptocurrency payments processor to operate within Nevada's legal gaming framework.
Crypto Platform 1win Welcomes Ilia Topuria as the 1win VIP Community Member

Crypto Platform 1win Welcomes Ilia Topuria as the 1win VIP Community Member

The international crypto entertainment platform 1win has announced the addition of Ilia Topuria to its VIP community. The signing of the contract with the fighter became publicly known on June 2, 2026.