The 'Cyprus' Of Bitcoin

One of the big stories in the Bitcoin world these days is the crisis at Mt. Gox, the former undisputed king of Bitcoin trading. In recent weeks, the site has been having trouble with withdrawals, and actually all Bitcoin withdrawals have been halted. Users of Mt. Gox can withdraw real currency, but to do that they'd have to sell their Bitcoins on Mt. Gox to someone willing to have theirs frozen on the site until the technical issues are fixed. This has caused a huge plunge in price on the exchan...