Mt. Gox Halts ALL Bitcoin Withdrawals, Price Drop Follows
Users with bitcoin withdrawals in limbo have reported that the amounts are being returned to their Mt. Gox wallet balances. Japan-based bitcoin exchange Mt. Gox, the third-largest for trading the US dollar for bitcoin by 30-day volume, has announced it is temporarily pausing bitcoin withdrawals. The company has released a statement on its website that says the following: Dear MtGox Customers, During our efforts to resolve the issue being encountered by some bitcoin withdrawals it was determined that the increase in withdrawal traffic is hindering our efforts on a technical level. As to....
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