Mt.Gox Files for Bankruptcy as 850,000 Bitcoins Remain Missing

Tokyo-based Bitcoin exchange MtGox has filed for bankruptcy protection as 850,000 Bitcoins have gone missing. After halting withdrawals for a month upon discovering a security flaw in its computer systems, MtGox released a statement indicating the company is considering filing a criminal complaint as it believes there's a high likelihood the Bitcoins were stolen. About 750,000 Bitcoins from MtGox customers as well as 100,000 of the company's own Bitcoins are missing - worth about $425 million.