Bitcoins - what is going on?

Police are investigating the death of the 28-year-old American boss of a Bitcoin exchange found dead at the base of a Singapore apartment block.

One of the longest-established Bitcoin exchanges, Tokyo-based MtGox, has collapsed due to a suspected theft worth nearly half a billion dollars.

Canada-based Flexcoin was also forced to shut down, saying that someone attacked its systems and stole nearly US$600,000 worth of Bitcoins.

www.scmp.com/business/banking-finance/ar...american-ceo-bitcoin

The CEO of BitInstant, a Bitcoin exchange, has been arrested at JFK airport and charged with money laundering.

www.businessinsider.com/report-ceo-of-ma...ange-arrested-2014-1

In court, lawyers for MtGox exchange customers alleged Mr. Karpelès, CEO, has been siphoning money from the exchange.

online.wsj.com/news/articles/SB100014240...433282831905574.html

Massive numbers !

Serious setback for virtual currency.

www.telegraph.co.uk/business/2016/03/13/...rival-supercurrency/

Central banks beat Bitcoin at own game with rival supercurrency.


Computer scientists have devised a digital crypto-currency in league with the Bank of England that could pose a devastating threat to large tranches of the financial industry, and profoundly change the management of monetary policy.

it's profitable to buy and sel these. takes a while before you make anything though. a friend does it.