Mtgox

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.

The fund injection will be used to expand the startup's operations including its Chainalysis Know-Your-Transaction (KYT) tool which allows more than 100 crypto exchanges and financial institutions to vet their clients.

FastBitcoins.com has announced the launch of its cash-based bitcoin exchange, which includes Lightning Network integration.

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.

Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt. Gox, liquidated 24,658 bitcoin and 25,331 bitcoin cash earlier this year, according to an announcement posted on September 25, 2018.

Corporate customers tangled up in the aftermath of Mt. Gox’s historic hack can finally file for reparations.

Creditors of Mt. Gox, the defunct cryptocurrency exchange, can now start submitting proofs of claim in a newly approved rehabilitation process.

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.

The top bitcoin, blockchain and cryptocurrency news from Bitcoin Magazine this week.

All creditors must file a proof-of-claim form by October 22, 2018, even those who filed a claim during the criminal bankruptcy.