Vircurex Bitcoin Exchange Freezes Customer Accounts in Wake of Insolvency

I read the most bizarre statement concerning the latest Bitcoin exchange, Vircurex, to declare itself insolvent. Rather than filing for bankruptcy, as Mt. Gox has done, Vircurex is locking down its existing accounts and has a strategy aimed at paying back all affected customers and returning the exchange to positive financial health. In order for […]

Read the complete article at: http://christopherdiarmani.com/11123/common-sense/personal-responsibility/vircurex-bitcoin-exchange-freezes-customer-accounts-in-wake-of-insolvency/