Forex news: Bitcoin/USD crashes to $302 on MtGox

The transaction malleability bug, which led to the suspension of bitcoin withdrawals from numerous exchanges this week, has been fixed on Bitstamp, where the crypto-currency is currently trading at around $636.84 and with a premium compared to the other leading exchanges.

Meanwhile, there is no positive news from Japanese MtGox, where the deadlock is still unresolved. In fact, the stalemate has motivated bitcoin trader Kolin Burges to jump on the airplane and fly to the other side of the world to protect his wealth. Burges carried today a one-man protest in front of MtGox’s offices, but didn’t get an answer when his money will be available again.

After arriving in Japan on Wednesday, Burges tried to schedule an appointment with the company’s executives, but his request was dismissed. Despite the freezing temperatures, he today confronted MtGox’s CEO Mark Karpeles outside the exchange’s front door and demanded to withdraw his coins, but the answer was: “We can’t right now”.

The most concerning thing is that Karpeles did not respond at all when Bruges asked him if the exchange still has everyone’s bitcoins.

“They haven’t answered anybody’s support requests, they seem to have just taken people’s money – they’ve taken my money”, opines the bitcoin trader. Burges says he’ll stay in Tokyo until next week, camping out at MtGox’s offices again if necessary.

Right now, BTC/USD is trading at around $334.17 on the Tokyo-based exchange, down 27.54 percent intraday.