Mt. Gox CEO Mark Karpeles resigned from the Bitcoin Foundation
The company is reportedly dealing with the theft of 744,000 Bitcoins
The company website appears to have been taken down
Questions swirled Tuesday about the future of embattled Bitcoin exchange Mt.Gox after reports that its chief executive had resigned from the board of a key advocacy group and its website has been disabled.
Mark Karpeles, chief executive officer of Mt.Gox, the Tokyo-based Bitcoin exchange that froze withdrawals earlier this month, submitted his resignation from the board of directors at Bitcoin Foundation, the group that manages the currency.
This latest development comes after the exchange deleted all of its tweets from its Twitter account on Monday and its CEO Mark Karpeles resigned on Sunday from the board of the Bitcoin Foundation.
replied that the matter is "confidential," adding that the company had discussed its business model with Japanese authorities "to ensure that we are operating within the law here."