The troubled Bitcoin exchange MtGox filed for protection under US bankruptcy law Monday, 10 days after doing the same in Japan after a huge loss of the digital currency, a court document showed. The Japanese firm is now protected temporarily under Chapter 15 of US bankruptcy law for foreign firms. A bankruptcy court in Dallas, Texas accepted the request and will make a definitive ruling in April, the document said. MtGox faces a class action lawsuit filed February 27 in Illinois by an American named Gregory Greene.
LOS ANGELES (AP) — Blake Griffin scored 22 of his 37 points in the first quarter and made 14 of 16 shots before fouling out, and the Los Angeles Clippers beat the Phoenix Suns 112-105 on Monday night for their eighth straight victory.