Apparently MtGox decided to implode during our weekly meeting. There's so much speculation swirling around I can't really point to any authoritative writing on this yet but here's a few interesting reads
* Leaked slides on MtGox Insolvency
* Joint Statement on Mt Gox from other exchanges
* Apparent theft at Mt Gox shakes bitcoin world
* Bitcoin crash as 'backrupt' Mt Gox leaks own acquisition
* Bitcoin's Mt Gox Goes Offline, Loses $409M Dollars -- Recovery Steps and Taking Your Tax Losses
* Schadenfreude
e: And now mtgox.com is back up after being blank and then containing an HTML comment indicating a possible acquisition. The current message is:In the event of recent news reports and the potential repercussions on MtGox's operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.
Best regards, MtGox Team