Mt. Gox hasn't issued an official response as we write this, but the US bankruptcy gives the firm some space to fulfill the terms of a settlement that includes distributing recovered Bitcoins. Its Japanese owners will certainly be happy, since they now have more chances to both focus on their own bankruptcy proceedings and devise a comeback strategy. This isn't the end of the saga by a longshot -- just ask those demanding their virtual money back from (recently active on Twitter again) CEO Mark Karpeles. However, the move should prevent an already bad situation from getting worse.