Weekend Roundup: Karpeles Implicated in Ulbricht Trial, BitHalo’s Escrow, and Bitcoin at 7-Eleven in S. Korea
On Friday, Ian DeMartino reported on the witness testimony in Ross Ulbricht’s trial that ignited a storm of speculation and may have seeded some reasonable doubt among jurors. On Monday, Diana Ngo reported on BitHalo’s new Advanced Payment escrow feature. On Thursday, William Suberg reported on a system that would allow anyone to purchase bitcoins at 7-Elevens in South Korea as either printed receipts or cards. “A Department of Homeland Security (DHS) agent, testifying for the defense of Ross Ulbricht in the Silk Road trial, stated that he believed Mark Karpeles was the true leader of the....
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Mark Karpeles has denied claims he operated Silk Road Marketplace. The trial of alleged Silk Road ringleader Ross Ulbricht heated up today during the questioning of a US Department of Homeland Security (DHS) agent by the defense team, led by Ulbricht's lawyer Joshua Dratel. The DHS witness, agent Jared DerYeghiayan, reportedly claimed that Mark Karpeles, former CEO of the embattled bitcoin exchange Mt Gox, was once suspected to be the online black market's mastermind, Dread Pirate Roberts. Reporters from the courtroom took to Twitter to address his claims; two suggested that the defense....
This week saw the beginning of alleged Silk Road operator Ross Ulbricht’s trial in a federal courthouse in Manhattan. Ulbricht’s counsel began the trial on an interesting note, arguing that Ulbricht indeed founded the site, but that he was not the Dread Pirate Roberts, the mysterious operator of the online free marketplace. In a cross-examination of DHS....
For the record, former head of fallen Bitcoin exchange Mt. Gox, Mark Karpeles has said he is not the Bitcoin underworld leader of the "Silk Road" website, who went by the alias Dread Pirate Roberts. Now, he has said many other things before that people simply don't believe, so take the following quotes under advisement. He's not exactly a beacon of credibility. "I'm not a pirate nor a fraudster," Karpeles told the Daily Beast. "Nor, for the record, am I the creator of Bitcoin, the elusive Satoshi Nakamoto." The publication interviewed Karpeles after he was mentioned prominently in the....
Is Mark Karpeles the infamous Dread Pirate Roberts? The Ross Ulbricht trial currently ongoing in New York City has taken an unexpected turn. The defense, with the help of the undercover Silk Road agent working for the Department of Homeland Security, Der-Yeghiayan, has seemingly successfully presented the case that the culpable Dread Pirate Roberts behind Silk Road was not Ross Ulbricht but Mark Karpeles of Mt. Gox instead. Joshua Dratel, Ross Ulbricht's lawyer, told the court:
So the latest news in the Ulbricht case is being widely discussed on Reddit, and could be a potential game changer in the case's outcome. On day three of the trial, Ulbricht's defence team managed to draw out of a Department of Homeland Security witness that Mt Gox founder Mark Karpeles was the driving force behind the illegal marketplace Silk Road, and that Ulbricht gave up control of the site to Karpeles in its early days. From the stand, Jared DerYeghiayan, a witness from the United States Department of Homeland Security, said that the DHS had: a wealth of evidence to prove that....