Mt. Gox Mark Karpeles May Avoid Jail Time but Class Action Lawsuits Remain

2019-3-15 14:45

Mark Karpeles, the former CEO of the defunct bitcoin exchange Mt. Gox, may eventually avoid jail time following the suspended sentence he received from a Tokyo court but his legal troubles are far from over.

A Suspended Sentence May Count as a Win for Mark Karpeles but the Lawsuits are Coming Earlier this week, Karpeles failed to have a U. S. class-action lawsuit in which he is a defendant dismissed. This was after a court in Illinois, a state where around 1. 5% of Mt. Gox victims hail from, ruled that there were legal grounds to go ahead with the case. Illinois

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