Mt. Gox CEO Mark Karpelès Now Running a Web Hosting Service

Mt. Gox CEO Mark Karpelès Now Running a Web Hosting Service

Things didn't quite pan out at Mt. Gox earlier this year, when the world's oldest bitcoin exchange forcibly submerged and drowned, losing hundreds of thousands of client bitcoins in the process. And while Mt. Gox CEO Mark Karpelès hasn't made any friends in the ordeal, he and his company (Tibanne Co., Ltd.) are desperately working to move on and forward, focusing their attention on a different project. If you haven't already guessed by the title of this post, it's web hosting-related, and the newly-launched website is located at Forever.net. A quick browse of the website shows that the....


Related News

Bitcoin Exchange founder Mark Karpelès speaks to the Wall Street Journal

Mark Karpelès, CEO of defunct Bitcoin exchange Mt. Gox, spoke to media for the first time since the supposed theft of 850,000 Bitcoins. Mark Karpelès, former head of Mt. Gox, recently spoke to the Wall Street Journal. This is his first media interview since the theft of approximately half a billion dollars worth of Bitcoin from his exchange last February. The interview was conducted from his home, details of which where revealed in the writeup. A possible oversight for the Wall Street Journal, who should realise that specifying he lives on the top floor of a 33-story building in Tokyo's....

Bitcoin News in Review: Hal Finney, Mark Karpelès, Mining Gear, and More

With the end of another week, it's time for the Bitcoin News in Review, where we feature some of the top stories of the week here on CryptoCoins News. This week, (24 August - 31 August), we lost Bitcoin pioneer Hal Finney, saw Mark Karpelès launch a new company, checked out some new mining gear, and more. Check out our video and keep scrolling for this Bitcoin News in Review, after the break. Remembering Hal Finney. For those who didn't know him, Hal Finney was always extremely active in the cryptology community. Finney was one of the earliest members of the PGP Corporation and ran the....

Mark Karpeles Avoids Bitcoin, Launches Web Hosting Service

Mark Karpeles, the disgraced CEO of defunct bitcoin exchange Mt Gox, has launched a new web hosting service. The service has been dubbed Forever.net and is registered under both Karpeles' name and that of Tibanne, the parent company of Mt Gox. The company profile says: "TIBANNE Co. Ltd. is a Tokyo, Japan-based corporation founded in 2009 by talented technopreneurs. TIBANNE specializes in web hosting, IP transit, VoIP, software development and network administration. We are currently engaged in the reserch and development of new and existing services to produce innovative solutions for our....

Mt. Gox creditors may receive nothing if they fail to vote by Friday

“I just want my coins back. I'm tired of how long and drawn out it is," said one user claiming to be one of the 24,000 Mt. Gox creditors. Creditors from the now-defunct crypto exchange Mt. Gox have until Friday Japan time to vote on a rehabilitation plan that could pay back millions in lost Bitcoin (BTC).Figures including Blockstream founder Adam Back and former Mt. Gox CEO Mark Karpelès took to social media this week to remind crypto users of the looming deadline. Claimants representing more than half of the lost value of the Mt. Gox collapse as well as half of all creditors must vote for....

Mark Karpeles Responds to Critics

The Bitcoin community was in uproar recently after news emerged that Mark Karpeles, the ex - CEO of the now defunct MT Gox, once the largest Bitcoin exchange which allegedly "lost" 850,000 bitcoins to then find 200,000 bitcoins, had started a new hosting company, Forever.net. In an exclusive interview with CCN, I started by asking Mark Karpeles how he was able to fund the new hosting company. "There's no funding" - he stated, clarifying that Tibanne already owns the domain, hosting servers and the VPS. "We only used what we had on our hands" - he continued, explaining that the new company....