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Transcripts For BLOOMBERG Lunch Money 20140228

While longterm networks are struggling to keep it. Watch out. They are flipping cars. The coolest award you have never heard of is just in time for the oscars. Were going to kick it off with what everyone is talking about. Big news overseas, we are starting with japan. Formally the Largest Bitcoin Exchange has filed for bankruptcy in japan. 4 of a million bitcoins belonged to users. That is real money. The ceo of the exchange apologized. Here it is in the raw. [camera clicks] [speaking japanese] i am deeply sorry. There was a weak area the system. As a result, we lost bitcoins. I am deeply sorry i have caused trouble for everyone. Ceo apologizing for the bitcoin exchanges collapse. He has not been a popular man. This is video of him earlier this week trying to enter the mt. Gox headquarters. They have been holding a sit in outside the building demanding with a sign, where is our money . He lost hundreds of Million Dollars reportedly to hacker thieves. That led him to halt withdrawals o

Moscow
Moskva
Russia
Japan
Australia
Afghanistan
Kiev
Ukraine-general
Ukraine
Philadelphia
Pennsylvania
United-states

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