Mt. Gox, once the largest Bitcoin marketplace out there, has shut down, putting a bitter end to an almost month-long situation in which all withdrawals were halted because of technical issues. Bitcoin price traded on Mt.Gox plummeted to as low as $100 for 1 BTC before the exchange went completely offline. The only question that remains unanswered is what actually caused it, but the possibility of this incident being an inside job can-t be ruled out. Bitcoin is rumored to be worth 744,408 Bitcoins, or more than $300 million.”]
Source: https://securelist.com/the-future-of-bitcoin-after-the-mt-gox-incident/58534/