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Comment on Mt. Gox new announcement ( February 26th 2014 )parent

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Even if Gox didn't lose the money, or at least not as much as we're hearing, who's going to 'bank' with them now? Who would leave their money with someone who will, at any time, cut off access and actively refuse to provide information?

Their value has been totally demolished in the eyes of their current customers and in the eyes of all potential customers. It's so bad that it has set back Bitcoin's adoption by months, if not years. The freaking Wall Street Journal published articles about it!

If this is not a case of fraud, then it is one of the worst and most poorly managed acquisitions in history.

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