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Mt Gox has resigned from the board of the Bitcoin Foundation. Photo: Reuters

Mt Gox chief executive Mark Karpeles resigned on Sunday from the board of the Bitcoin Foundation, putting the spotlight back on the besieged bitcoin company.

In a statement posted on the industry lobby group’s website, executive director Jon Matonis said the Tokyo-based firm had submitted its resignation from the board of directors “effective immediately”.

He added: “We are grateful for their early and valuable contributions as a founding member in launching the Bitcoin Foundation.”

The Bitcoin Foundation will hold an election to fill the vacant position shortly.

As for Mt Gox, it has not yet released a statement or responded to media requests explaining why it stepped down from the board.

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