Should Mark Karpeles Resign From The Bitcoin Foundation?
Mark Karpeles profile on The Bitcoin Foundation's website. When do an individual's professional failings disqualify them from representing a cause in which they believe? This is what many in the Bitcoin community are struggling with right now. At the time of this article, a petition to remove Mark Karpeles from his seat as board-member has accumulated over 730 signatures. This petition is a combination of community frustration at the company Karpeles is CEO of, MtGox, and general anger caused by comments of Karpeles' that pointed blame at the Bitcoin protocol rather than his own company.....
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Chief Scientist and one of the founding members of The Bitcoin Foundation, Gavin Andresen has called the fellow founding members Charlie Shrem and Mark Karpeles "a disgrace to the cryptocurrency industry." At the recently concluded DevCore London conference, Gavin Andresen called the actions of the two co-founders highly damaging to the Bitcoin Foundation. "That was a huge, deplorable, terrible hit to the foundation - a huge black eye. If I could go back in time, both of these people would not be on the foundation board." Gavin further adds that, "We didn't have enough money to support all....
A number of Bitcoin Foundation members, unhappy with the current direction of the Foundation, have started to resign. That's according to this forum forum post on the Bitcoin Foundation board, in which annual member Patrick Alexander starts the thread with a resignation announcement: "Unfortunately I must resign as an individual member of the Bitcoin Foundation," Alexander writes in his post. He points to Charlie Shrem (former BitInstant CEO and accused money launderer), Mark Karpeles (former Mt. Gox CEO), and Brock Pierce (newly-elected board member who has dealt with legal issues of his....
It's been a tough week for bitcoin exchange Mt. Gox. Not only has the exchange halted withdrawals, but it released a statement on Monday that had a good chunk of the bitcoin community reaching for their pitchforks. Mt. Gox blamed an issue in the bitcoin software as a reason for the withdrawal halt, and noted that withdrawals would resume once a proper fix was in place. Widespread outrage over Mt. Gox's claims were felt on social sharing website Reddit.com, along with Twitter and Facebook - accusing Gox CEO Mark Karpeles of "throwing bitcoin under the bus" in defense of his company. Others....
Mark Karpeles is back in the headlines with a recent interview with PC World. Beyond launching some new services and returning to Twitter over the last several months, Karpeles has otherwise been reticent about talking about Bitcoin to the press since such conversations invariably lead to the failed Mt. Gox. Karpeles gave IDG News Services, operator of PC World, an interview on the condition that litigation, police investigations, and Mt. Gox not be discussed except in broad terms. CCN has also previously interviewed Mark Karpeles about his new project, forever.net. Also read: Mark....
Mt. Gox CEO Mark Karpeles has resigned from his position as a board member with the Bitcoin Foundation. The Foundation posted this announcement on its blog today at 3:30AM GMT: "Effective immediately, Mark Karpeles has submitted his resignation from the board of directors. We are grateful for his early and valuable contributions as a founding member in launching the Bitcoin Foundation." "As CEO of MtGox Co. Ltd. (Japan), he held one of the three elected industry member seats. Further details, including election procedures, will be forthcoming." No updates, tweets gone. There has still been....