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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


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


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Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement

Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes, business acquisitions and luxury items, is facing charges of transferring $3 million of client funds to his own account for investment in a software […] The post Former Mt. дальше »

2018-12-13 23:15


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Is Self-Regulation Good Enough to Lure Institutional Investors Into the Cryptocurrency Market?

Over the last few years, particularly after the dawn of the Mt. Gox hack in 2014, the crypto market’s reputation has been badly tarnished. The market is now closely associated with hacks, scams, fraud, and other several criminal activities that are on par with the overly exaggerated Wild West in the early seventeenth century. дальше »

2018-10-10 17:14


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Mt. Gox Victims Must Go To Tokyo, Not US

The Mt. Gox exchange hacks still lurk in the air despite its implosion four years ago in 2014. The United States District Court for the Eastern District of Pennsylvania determined recently it doesn’t have jurisdiction in a case that involves Gox victims and a closely associated bank, in effect condemning the victims to redress their problems at the scene of the crime which is in Tokyo, not the US. дальше »

2018-9-13 13:30