Newsflash: Bitcoin Exchange Mt. Gox: Mark Karpeles Receives Suspended Sentence

2019-3-15 05:57

The Wall Street Journal reports that the verdict is in on Mark Karpeles. He was found guilty on just one charge: producing illegal records. The rest of the charges, including the loss of millions of dollars in Bitcoin, were dropped.

Further, he was handed a suspended sentence. Karpeles Beats Most Charges, Receives Suspended Sentence for Producing Illegal Records In the US justice system, at least, a suspended sentence basically means that as long as the accused keeps their nose clean, they never have to go to jail. Karpeles’ defense attorneys used the fact that he hid the true state of

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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.

2019-3-15 14:00


Фото:

Mt. Gox

Mark Karpeles with user funds kept on Mt. Gox in a bid to obfuscate the losses. He was handed a 33-month suspended sentence, Bloomberg reports. The Tokyo District Court also found the Frenchman ‘not-guilty’ of embezzlement, after it decided he had committed those crimes without ill intent.

2019-3-15 13:36