Tokyo court extends Mt. Gox bankruptcy investigation to May 9

A deadline for a court-mandated investigation into why bitcoin exchange Mt. Gox failed, and whether it should be revived under bankruptcy protection laws, has been extended to May 9, the company said in a brief statement on Friday. The Tokyo District Court had set a Friday deadline for Nobuaki Kobayashi, a partner at Nagashima Ohno & Tsunematsu, to report on his investigation into the collapse last month of what was once the world's largest bitcoin exchange. In seeking the extension, Kobayashi cited the involvement of investigatory agencies as well as the work required to confirm Mt. Gox's financial situation, according to a petition filed to the court. Mt. Gox said on Wednesday it had submitted records and documents to the Tokyo Metropolitan Police as part of its civil rehabilitation application.

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