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Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan. Gox suspended trading, closed mt gox bitcoin wikipedia website and exchange service, and filed for bankruptcy protection from creditors.

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A lot of traders think that a big broker is better than a smaller one because a larger company has many advantages such as economies of scale, a better liquidity position and is the subject of higher scrutiny from the public and the regulators. While this basic assumption has some merit and to some degree …