Mt. Gox Trustee Approving Large Payments to Tibanne?
Let's go ahead an file this in the "make what you will of it" cabinet. If you've been following the Mt. Gox debacle, you're probably already aware of a website called GOXDOX.org, whose main goal is to "[call] bullshit on behalf of [Mt. Gox] creditors." The site has thus far been a reliable hub for news related to the ongoing bankruptcy case of the failed bitcoin exchange, and a post published on Tuesday claims that Mt. Gox's bankruptcy trustee has paid out large sums of money to Tibanne K. K., Mt. Gox's parent company run by Mark Karpeles. GOXDOX writes: Straight from the Trustee's bank....
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Controversy surrounds a leaked report that bankrupt exchange Mt. Gox paid almost $200,000 in fees to its parent company, Tibanne K. K., after the exchange had filed for bankruptcy. According to documents posted on the website goxdox.org, Tibanne, the web services company also owned by Gox CEO Mark Karpeles, and which shared the same office space, invoiced Mt. Gox on 26th May for "services rendered". Those services included office rent, server fees and employee expenses. However, according to a Reuters report in March, Mt. Gox had no other full time employees besides Karpeles and everyone....
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....
A years-old $75 million lawsuit against Mt Gox by U.S. company CoinLab is delaying payouts to creditors, the Japanese bankruptcy trustee revealed today. Back to Tokyo Bankruptcy Court. In the latest creditors’ meeting at Tokyo District Court, bankruptcy trustee Nobuaki Kobayashi confirmed the suit remains active. U.S. company CoinLab filed the suit in....
As the continuing fallout from the MtGox disaster happens the negative publicity and the infamy of Mark Karpeles grows. Mark with his Companies shed a large shadow on other companies and business's that may have ties to them. It also makes one think twice when looking into new services and companies that deal with the storage and use of Bitcoin. One company that the shadow fell for me is Neo-Bee. On their main page, they are presenting their service for the Neo-Bee card. This is a card that would allow you to buy products easily with Bitcoin. Neo-Card Home. While this is a great idea that....
A newly-published post this weekend by GoxDox.org - a website that collects and publishes documents related to now-defunct bitcoin exchange Mt. Gox - reveals that Mt. Gox parent company Tibanne K. K. (led by Mark Karpeles) may have invoiced Mt. Gox for "services rendered" following the exchange's dramatic collapse earlier this year. The document, in Japanese, is heavily redacted, and according to GoxDox, the court-appointed trustee Nobuaki Kobayashi (tasked with watching over Mt. Gox's bankruptcy) signed off on the charges. The documents suggest there only remains $7.6 million in funds....