The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
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. Gox.
Creditors of Mt. Gox, the defunct bitcoin exchange, have announced an update to the civil rehabilitation plan agreed upon with the platform, according to a statement published on the group’s website.
Today, Tokyo police re-arrested former Mt. Gox CEO Mark Karpeles for the embezzlement of $166,000 worth of U.S. funds, according to local Japanese newspaper...
Early reports indicate that the Tokyo District Public Prosecutors Office has indicted Mark Karpeles, the CEO of the collapsed bitcoin exchange Mt. Gox, with embezzlement....
Mt. Gox’s petition for bankruptcy protection during a proposed reorganization was rejected two weeks ago by a Japanese bankruptcy court. As a result, the...
