MtGox were the first big exchange, but if you dealt with them at all in the last 365 days or so, you weren't paying attention to what people tried to warn you about. Actually for noobs a lot of it isn't their fault, since a lot of "introductions to bitcoin" articles and sites stupidly point them to the biggest exchange, not necessarily the most trustworthy. Still, if you are investing your money, you have to pay attention to what is going on, and if you were paying attention over the last year, you'd know not to have anything to do with Gox.
As I said last year, when this thread was 4 pages long:
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MtGox is run by a bunch of goofballs, and they need to be replaced by several exchanges for BTC to progress from here.
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It's finally happening. There are several good exchanges now, and Gox will probably be dead in no time.
They haven't allowed withdrawals in what, a month? And last week they said they would start implementing them, but only for people who would verify their ID. There have been 3 or 4 protesters outside their office since then. Yesterday, they put out another release saying that because of "security issues" they are moving to their old office (which turns out to be a virtual office - a fake address in Shinjuku). A few hours before they put out this release, "someone" dumped 25,000 BTC on the market
It is likely that their exchange's value will continue to drop until it hits zero. Tons of people will lose tons of money, and many of them will probably lose confidence in BTC itself. Like StevenDuang's friend. This would be really stupid, but we saw with the dot com crash that investors are stupid, and willing to lose a lot of money. Just because a bunch of shitty websites predictably tanked and lost billions didn't mean that the entire internet died along with them.