2019-3-1 15:00 |
The former CEO of collapsed bitcoin exchange Mt. Gox has been refused a motion to stay a U.S. court case brought by former investors.
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Illinois Northern District Court denied ex-Mt. Gox CEO Karpeles’ motion to stay a U.S. case by former investors
2019-3-2 19:14 | |
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QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.
2019-2-26 22:21 | |
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Blockchain analysis firm Chainalysis has completed a $30 million Series B round led by American VC firm Accel and Benchmark, who led the startup's Series A funding in April 2018.
2019-2-15 19:41 | |
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The hacking and losses that Mt Gox brought years ago is still a painful event for the investors that were subjected to it. The years have gone on as the assigned attorney to the case has worked to rekindle the funds, but Brock Pierce has discussed other options. He believes that the process could be […]
2019-2-14 01:21 | |
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Theories have flown around regarding what catalyzed the crypto sell-off seen in 2018. While proposed triggers include stringent regulation, the lack of publicly-tradable Bitcoin (BTC) exchange-traded funds brought to market, or a simple case of waning interest from the common Joes & Jills of the world, a new hypothesis has just hit the mainstream.
2019-2-6 17:24 | |
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Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week.
2019-2-2 01:45 | |
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This is the seventh instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 , on Day 2 , on Day 3 , onDay 4, on Day 5 and on Day 6.
2019-1-29 01:51 | |
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Ripple Labs has long been a polarizing startup in the cryptosphere. Case in point, the San Francisco-headquartered company, started by Stellar Development Foundation Mt. Gox co-founder Jed McCaleb, is often bashed for being in bed with centralized financial entities — what Bitcoin was created to destroy.
2019-1-8 13:00 | |
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Former Mt Gox Ex-CEO Accused Of Embezzlement, Prosecutors Want 10 Year Jail Term Mark Karpeles, the CEO of Mt Gox, is currently being accused of embezzlement by Japanese authorities. The prosecutors of the court case are seeking a 10-year sentence for the ex-CEO, which commanded the now-defunct Mt Gox exchange. Reports from the local media […]
2018-12-12 21:52 | |
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Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt.
2018-12-13 21:15 | |
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The Case Continues: Mt Gox Trustee Seeks To Extend Civil Rehabilitation Claims Deadline Sometimes, it looks like the Mt Gox story won’t ever end. Nobuaki Kobayashi, a trustee of Mt Gox, a collapsed Bitcoin exchange, is currently asking for an extension of the deadline in the process of filing for civil rehabilitation claims. He wants […]
2018-11-26 00:31 | |
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Latest Tron News That the Japanese are open to cryptocurrencies and similar blockchain technologies but concurrently stringent protecting investors is true. So tight are applicable laws that investors who lose their digital assets are guaranteed of a recourse.
2018-11-16 12:25 | |
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As discussed in the first of this three-part series, progressive regulation has helped the digital asset market thrive in countries like Japan. This is despite setbacks, such as the Mt Gox hack, that had many people calling for an outright ban.
2018-11-5 19:58 | |
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In 2014, one of the world’s biggest Bitcoin exchanges, Mt Gox, filed for bankruptcy after the theft of more than $460m of Bitcoins. With investors losing such a large amount of money, the nascent digital asset market looked under threat.
2018-10-15 19:08 | |
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In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
2018-9-27 21:21 | |
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A US court has dismissed charges against Mt. Gox,its executive and Mizuho Bank for lack of jurisdiction.
2018-9-17 08:37 | |
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This week the trustee in charge of the Mt Gox legal case has announced that corporate customers can now file rehabilitation claims for the October 22 deadline. The news follows the claim process that started for non-corporate customers on August 23.
2018-9-14 09:15 | |
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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.
2018-9-13 13:30 | |
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The Mt. Gox saga appears to be far from over as a Pennsylvania judge has dismissed the case of a claimant on the grounds of a lack of jurisdiction in the case. Mt. Gox user, Gregory Pearce, who was implicated in the Bitcoin exchange’s collapse, submitted a withdrawal request for $5,900.
2018-9-13 12:04 | |
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Since its implosion back in 2014, the Mt. Gox exchange hacks continue to loom large within the cryptocurrency ecosystem. The U. S. District Court for the Eastern District of Pennsylvania determined recently it does not have jurisdiction in a case involving Gox victims and a bank closely associated, in effect condemning victims to redress their grievances […] The post Mt.
2018-9-13 09:40 | |
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Mt. Gox are back in the headlines, this time as a result of a decision made by authorities that will see money owed by Mt. Gox, held until summer 2019. Just to recap, Mt. Gox are due to credit the accounts of customers who had funds stolen during the Mt.
2018-8-4 23:00 | |
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Mt. Gox revised basic rehabilitation policy has been released. The announcement comes in the limelight after the Tokyo District Court ordered for the commencement of civil rehabilitation proceeding and the previous bankruptcy case to be re-worked upon.
2018-8-3 19:57 | |
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Also Read: Bitcoin Cash Fans Celebrate Independence Day One Year Later Mt Gox and Mizuho Bank Mt Gox customers have a bone to pick with the Japanese financial establishment Mizuho Bank Ltd (TYO:8411; NYSE:MFG), as a few Mt Gox clients claim the bank has been secretive about its relationship with the now-defunct trading platform. California Case:
2018-8-2 16:00 | |
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NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payments app.
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.
Police in the U.K. seized over 1.7 billion pounds ($2.2 billion) worth of related bitcoin in 2018.
Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside arguments with the circuit court.
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits of 2023.
Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence of 63 to 78 months, according to a court filing submitted Tuesday.
In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.