Tagged: mark karpeles

Class Action Against Disgraced Mt Gox Bitcoin Exchange CEO Proceeds in Pennsylvania

A judge in Philadelphia has ruled that a class-action suit brought against Mark Karpeles, the reviled former CEO of the Mt Gox bitcoin exchange, can proceed in Pennsylvania. Karpeles had asked for dismissal claiming Pennsylvania courts did not have jurisdiction, but the judge determined that… Read More

Reviled Former Mt. Gox Bitcoin Exchange CEO Founding New Tech Venture

Mark Karpeles, the man whose incompetence many believe resulted in the destruction of early Bitcoin-exchange Mt Gox and the loss of almost $500 million USD of Mt Gox user funds, is starting a new “blockchain” venture, AP News reports. Karpeles recently beat tremendous odds and… Read More

Japan Prosecutors Will Not Appeal Disgraced Mt Gox CEO’s Acquital

Prosecutors in Japan have decided not to appeal a Tokyo court’s decision to acquit disgraced former Mt Gox Bitcoin exchange CEO Mark Karpeles on charges of embezzlement, Mainichi reports. Carpeles was, however, found guilty of manipulating Mt. Gox bitcoin trade data between February and September… Read More

Former Mt Gox CEO, Mark Karpeles, Found Not Guilty of Embezzlement in Japan

The disgraced former CEO of the Mt Gox bitcoin exchange, Mark Karpeles, has defeated overwhelming odds by being found not guilty of all but one charge leveled against him by Japan prosecutors, who typically enjoy a 99% conviction rate. The charges, which, according to CNN,… Read More

Japan Prosecutors Seeking 10 Years Imprisonment for Disgraced Mt Gox Bitcoin Exchange CEO, Mark Karpeles

Prosecutors in Japan today asked the courts to levy ten years imprisonment against Mark Karpeles, former CEO of Mt Gox, the largest early bitcoin exchange, Nikkei Asian Review reports. Mt Gox folded in 2014 after $423 million in bitcoins and $247 million in cash went… Read More

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