Mt. Gox Shielded From U.S. Suits During Japan Bankruptcy

Mt. Gox Co., the Bitcoin exchange that filed for bankruptcy in Tokyo after millions of dollars’ worth of virtual currency vanished from customer accounts, won a temporary halt to lawsuits it faces in the U.S.

U.S. Bankruptcy Judge Harlin Hale in Dallas today agreed to shield the company’s assets from creditors and halt two suits, both of which are in their early stages. The company will return to court April 1 to seek to extend the protection until the Japanese case is resolved.