Mt. Gox files for bankruptcy as 850,000 bitcoins go missing

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Bitcoin exchange Mt. Gox announced Friday that it has filed for bankruptcy protection, admitting that it had lost 850,000 bitcoins. The company said it lost 750,000 bitcoins belonging to customers, and an additional 100,000 of its own bitcoins. Those bitcoins today would be worth more than $450 million. Mt. Gox also said it has debts of about $63.6 million. -Reuters