Mt. Gox Steps Down From Bitcoin Foundation – Effective Immediately

Today the Bitcoin foundation posted the following  on their blog:


Hat tip to the Wall Street Journal who were the first to pick this story up. Mt. Gox has been under intense scrutiny after it halted withdrawals on Feb 6th which is believed to have hurt the value of the popular crypto-currency. Mark Karpeles  is the CEO of Mt. Gox and until today he was one of three people with seats on the Bitcoin Foundation board.

I think it’s clear that something is unraveling here that we’re all going to learn more about it in the coming months. Still, it’s fun to speculate so I’ll ask, what do you think is really going on here?

Morgan Linton

Morgan Linton