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Mt.Gox’s Mark Karpeles Dodges Embezzlement Charges, Lands Jail Term for Falsifying Data

The former owner of the now-defunct Mt. Gox bitcoin exchange, Mark Karpeles, has been sentenced to two and half years in prison by a prosecutors in Japan. The Tokyo District Court found him guilty for falsifying computer data in connection with the colossal heist, an event that saw half a billion dollars worth of bitcoin disappearRead MoreRead More. дальше »

2019-3-15 14:17


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Bitcoin Industry Reacts As Mark Karpeles Avoids Jail Over Mt. Gox Debacle

Mark Karpeles, the former head of defunct cryptocurrency exchange Mt. Gox, will unlikely serve time in jail following a significant acquittal by a Japanese court. Court: Karpeles Did Not Embezzle Bitcoins As multiple sources including Bloomberg reported March 14, Karpeles, who has been under suspicion for embezzling millions of dollars in user funds, is guilty only of record tampering in the eyes of Japanese law. дальше »

2019-3-15 14:00


Illinois Judge Blocks Mt Gox CEO’s Bid to Weasle out of Bitcoin Trader Lawsuit

For Mark Karpeles, the former CEO of the shuttered Mt. Gox bitcoin exchange, the hits just keep on coming, this time from more than 6,000 miles away. An Illinois court in a Memorandum Opinion and Order issued on March 12 has denied Karpeles the chance to make a class action complaint in which he is named as a defendant go away, despite the fact that the infamous cryptocurrency exchange was based in Tokyo. дальше »

2019-3-14 19:06


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Brock Pierce: My Mt. Gox Redemption Plan ‘Shows Power Of Bitcoin’

Venture capitalist and ex-Bitcoin Foundation director Brock Pierce thinks his plan to take over the Mt. Gox rehabilitation process “demonstrates the power of open source. ” Avoiding Crypto ‘Lehman Brothers’ Speaking on the latest edition of the Keiser Report February 16, Pierce, who has gained mixed reactions to his ‘Gox Rising’ scheme, said community action was key to ensuring the defunct exchange did not become a cryptocurrency “Lehman Brothers. дальше »

2019-2-17 14:00


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A primer on QuadrigaCX, the curious $134M cryptocurrency mystery

QuadrigaCX, one of Canada’s largest cryptocurrency exchanges, made headlines all over the world after the sudden death of its founder resulted in the loss of $134 million of users’ funds. The news came months after the troubled exchange had been complaining about banking issues, with some users describing problems with fiat and crypto withdrawals. дальше »

2019-2-8 18:38


Revealed: A Bitcoin Billionaire’s Shocking Plan to Revive Mt. Gox – Crypto’s Most Notorious Exchange

Brock Pierce wants to see balance in the world. He effects this vision in more ways than one. For starters, he says he “positively discriminates against people who need a hand up. ” But more importantly, he’s currently in the process of discriminating against himself in the settlement of the Mt. дальше »

2019-2-7 16:10


New Wrinkle Unfolds Inside the Mt Gox Saga as CoinLab Co-Founder Claims $16 Billion in Rehabilitation Program

A few years ago, Mt. Gox was one of the most powerful and respected crypto exchange companies. However, after suffering a hack, they have closed operations and filed for bankruptcy. However, the process of shutting down operations isn’t always that simple as a number of people, including their former clients, are trying to get their […] дальше »

2019-2-3 19:48