Mt Gox May Rise Again If Wall Street Veterans And Burned Bitcoin Traders Get Their Way

Bitcoin faithful and some optimistic investors are hoping to prove that the obituary for Mt. Gox, the once high-flying bitcoin exchange, was written prematurely, and now they're joining together to make an 11th-hour bid to pluck its remains from a Japanese bankruptcy court. "This is about bitcoin and preserving the value of the bitcoin ecosystem," said John Betts, an investor and finance and tech adviser with Sunlot Holdings, the firm backing the plan.