Mt. Gox has filed a petition to protect itself in the US as it tries to reorganize.
The defunct bitcoin exchange said that a petition for Chapter 15 protection was filed in the US Bankruptcy Court for the Northern District of Texas on 10th March, and a temporary relief order was issued the same day. The preliminary relief order is scheduled for confirmation on 1st April. The exchange stated:
“This means that the effect of the Civil Rehabilitation applies now on a temporary basis to assets located in the United States which will be preserved. Accordingly, the acceptance by the US court of the Civil Rehabilitation means that any enforcement of a judgment against MtGox Co., Ltd, any attachment of its assets, the creation of any lien against its assets or the disposition of any assets located in the United States are temporarily no longer possible.”
March 14, 2014 at 06:08PM
