Virtual Bitcoins worth $425 million disappear
Clip: 2/28/2014 | 2m 23s
A large online exchanges for Bitcoins has closed down amid allegations of theft.
One of the largest online exchanges for Bitcoins, a digital cryptocurrency “mined” by computers, has closed down amid allegations of theft. The founder of the Tokyo-based Mt. Gox website admitted his company lost 850,000 Bitcoins, valued at about $425 million. Hari Sreenivasan reports.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Virtual Bitcoins worth $425 million disappear
Clip: 2/28/2014 | 2m 23s
One of the largest online exchanges for Bitcoins, a digital cryptocurrency “mined” by computers, has closed down amid allegations of theft. The founder of the Tokyo-based Mt. Gox website admitted his company lost 850,000 Bitcoins, valued at about $425 million. Hari Sreenivasan reports.
Problems playing video? | Closed Captioning Feedback
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