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Bitcoin exchange Mt. Gox's website down after halting withdrawals

Published on Feb 25, 2014 3:00 PM

TOKYO (REUTERS) - The website of Mt. Gox appears to be taken down, shortly after six major Bitcoin exchanges released a joint statement distancing themselves from the troubled Tokyo-based bitcoin exchange.

Mt. Gox's homepage was not loading, although no error message appeared. Bitcoin exchanges allow their users to trade bitcoins for US dollars and other currencies.

"This tragic violation of the trust of users of Mt.Gox was the result of one company's actions and does not reflect the resilience or value of bitcoin and the digital currency industry," the companies - Coinbase, Kraken, Bitstamp, BTC China, Blockchain and Circle - said in the statement.

Mt. Gox was not immediately available for comment.

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