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Bitcoin heist darkens Mt. Gox exchange; massive theft reported

Bitcoin heist: Exchange Mt. Gox is offline Tuesday amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency. The bitcoin heist may have lifted more than 740,000 bitcoins from the exchange, which froze withdrawals earlier this month.

The website of major bitcoin exchange Mt. Gox is offline Tuesday amid reports it suffered a debilitating bitcoin heist, a new setback for efforts to gain legitimacy for the virtual currency.

** Bitcoin Exchange Mt. Gox Goes Offline Amid Allegations of $350 Million Hack **

The URL of Tokyo-based Mt. Gox was returning a blank page. The disappearance of the site follows the resignation Sunday of Mt. Gox CEO Mark Karpeles from the board of the Bitcoin Foundation, a group seeking legitimacy for the currency.

At the Tokyo office tower housing Mt. Gox, bitcoin trader Kolin Burgess said he had picketed the building since Feb. 14 after flying in from London, hoping to get back $320,000 he has tied up in bitcoins with Mt Gox.

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