Tokyo-based bitcoin exchange Mt. Gox on Sunday filed for chapter 15 bankruptcy in the U.S., more than a week after it filed for bankruptcy in Japan and disclosed that it had lost about 750,000 of its customers’ bitcoins, MarketWatch.com reported yesterday. Mt. Gox filed for chapter 15 in Dallas and is being represented by Baker & McKenzie, which is also the law firm representing Mt. Gox its civil rehabilitation proceeding in Japan. Mt. Gox’s chapter 15 filing showed it is seeking relief from two parties in the U.S. with pending litigation: CoinLab Inc. and Gregory Greene, a plaintiff in the class-action lawsuit who alleges he lost $25,000 worth of bitcoin. The class-action lawsuit was filed against Mt. Gox and Chief Executive Mark Karpeles on Feb. 28 in Illinois on behalf of all people in the U.S. who held bitcoins in the exchange by the law firm Edelson PC. The lawsuit seeks the return of the customers’ funds and damages against Mt. Gox and Karpeles.
