Mt. Gox Allowing Customers to Check Bitcoin Balances

Mar 18, 2014 12:24 PM EDT | Matt Mercuro

Mt. Gox has updated its website this week to allow customers to log in and verify their account and balance, according to Reuters.

The company was once the leading bitcoin exchange until last month when it filed for bankruptcy protection.

The website went blank just over three weeks ago, leaving thousands of customers in the dark.

Mt. Gox previously posted updates on Mt. Gox's civil rehabilitation process, which is a legal procedure that could allow the company to rebuild and pay back at least some of its creditors, according to Reuters.

Mt. Gox filed for bankruptcy protection on February 28, after confirming it might have lost 850,000 bitcoins, which is worth around $520 million, to hackers.

A company spokesperson confirmed to Reuters that Mt. Gox created a log-in before the exchange's servers were shut down. Data available to customers will be the same as it was before the shutdown, according to the spokesperson.

Besides the log-in information, Mt. Gox released a statement in English and Japanese on its homepage.

"Please be aware that confirming the balance on this site does not constitute a filing of rehabilitation claims under the civil rehabilitation procedure and note that the balance amounts shown on this site should also not be considered an acknowledgment by Mt. Gox of the amount of any rehabilitation claims of users," the statement reads.

Jay Edelson, managing partner of Edelson PC, said earlier this month approximately 600,000 people in the U.S. had bitcoins tied to Mt. Gox, which is valued at several hundred million dollars, according to USA Today.

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