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From what I understand they are using the fact that Mt Gox owner lied on his banking application stating he was not a money transfer business
With the news breaking today that this happened it did not effect the price of bitcoin in any way at all. It is actually almost still at its high point of the day
Plenty of exchangers are popping up that will take over where mtgox left
I have some coin in mtgox and I'm moving it out now.
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