29 May '14, 8am

Mt.Gox looking to sell Bitcoin Trademark, Can anyone actually use it

The parent company of bankrupt Mt.Gox is looking to sell the trademark and bitcoins.com to raise some funds to repay creditors of Mt. Gox. Several publications covered the story, we looked at three. The interesting part that Coin Desk covered was whether or not a trademark could actually hold up. The Telegraph reported on the story The company overseeing bankruptcy proceedings for the collapsed exchange Mt. Gox hopes to sell the “Bitcoin” trademark and the bitcoins.com domain name in a bundle to raise “at least” ¥100 million (£580,000), according to reports. In February the exchange filed for bankruptcy protection and ceased trading, claiming that it had lost 744,000 Bitcoins belonging to customers, worth £251m at the time and representing six per cent of the 12.4 million bitcoins in worldwide circulation. Read the full story here The Drum had a different figure in mind, T...

Full article: http://www.thedomains.com/2014/05/29/mt-gox-looking-to-se...

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