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Huge shakeup in Bitcoin market

NEW YORK (NEWSCHANNEL 3) - There's been a huge shakeup in the bitcoin world.

A major exchange for the digital currency appears to be in collapse.

Tokyo-based Mt. Gox had been struggling to stay afloat for days and now indicates it may have been robbed of hundreds of thousands of bitcoin.

Many Americans have been watching the headlines, but three out of four people say they still don't fully understand the newest form of money.

Alexis Christoforous takes a closer look.