Mt. Gox had resigned its board seat at the The Bitcoin Foundation, after a string of longstanding technical issues that began last summer when Mt. Gox halted customer withdrawals in U.S. dollars.

It is the foundation’s second high-profile resignation in the past month when board member Charles Shrem stepped down in late January after being arrested and charged with money laundering in connection with his bitcoin company.

[link to www.marketwatch.com]