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Report: Prosecutors Investigating Bitcoin Business
reuters.com Manhattan U.S. Attorney Preet Bharara has sent subpoenas to Mt. Gox, other bitcoin exchanges, and businesses that deal in bitcoin to seek information on how they handled recent cyber attacks, a source familiar with the probe said on Wednesday. In the attacks - technically known as distributed denial of service attacks - hackers overwhelmed bitcoin exchanges by sending them thousands of phantom transactions. At least three exchanges were forced to halt withdrawals of bitcoins on Feb. 7 , including Mt. Gox, which was the largest at the time. Tokyo-based Mt. Gox never resumed service before going dormant on Tuesday, leaving customers unable to recover their funds. to read more: reuters.com
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