The found bitcoins were located in a virtual "wallet," Mt. Gox said.

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Major Bitcoin exchange Mt. Gox says it has found 200,000 of the 850,000 pieces of the virtual currency it said it lost in late February before it filed for bankruptcy,the company says in a statement from its CEO.

The company said the found bitcoins were located in a virtual "wallet" used previously.

The revelation came from the document released Thursday that included statements from Mt. Gox Chief Executive Mark Karpeles.

When Mt. Gox filed for bankruptcy protection on Feb. 28th, Karpeles said the losses may have been caused by a technical issue that might allow users to make fraudulent withdrawals.

Japanese regulators did not oversee Mt. Gox and, therefore, users' deposits were not insured by a government entity.

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