Mealey's Bankruptcy - Bankrupt Bitcoin Company MtGox Seeks Stay, Recognition Of Foreign Representative

Mealey's Bankruptcy - Bankrupt Bitcoin Company MtGox Seeks Stay, Recognition Of Foreign Representative

DALLAS - The CEO of bankrupt bitcoin exchange operator MtGox Co. Ltd. on March 10 filed a brief in the U.S. Bankruptcy Court for the Northern District of Texas seeking recognition as the foreign representative for the company, and seeking a stay of litigation pending against the company related to its loss of investors' money related to the theft of digital currency (In Re: MtGox Co. Ltd.,. No. 14-31229, Chapter 15, N.D. Texas Bkcy.).

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