Feb 25 Prominent bitcoin exchange Mt. Gox posted
an update on its website on Tuesday, saying a "decision was
taken to close all transactions for the time being," citing
"recent news reports and the potential repercussions on MtGox's
The website went dark on Tuesday and its chief executive
told Reuters that the business was "at a turning point." Mt. Gox
halted withdrawals earlier this month after detecting what it
called "unusual activity."
"We will be closely monitoring the situation and will react
accordingly," the website said.