Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial

Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial

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....


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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....

Undercover Silk Road Agent Believed Dread Pirate Roberts (DPR) to Be Mark Karpeles of Mt. Gox

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:

DHS Agent Believed Mark Karpeles to Be Head of Silk Road

The number two spot for the most hated man in Bitcoin has changed a lot. Currently, it might just be Josh Garza as many PayCoin investors are not happy with the results of that investment. For a while it was Butterfly Labs CEO Sonny Vleisides, and for a while it was that NewsWeek reporter. But the number one spot has never been up for debate. It has been and may always be, former Mt. Gox CEO Mark Karpeles. Losing or stealing 300 million dollars worth of Bitcoin will do that to you. Now, we are finding out that he may have had his hands in more things than most people ever imagined. A....

Hollywood to Create Film About Mark Karpeles and Mt. Gox

Hollywood wants to do a movie about the infamous Mark Karpeles and the now-defunct Mt. Gox exchange. The Hollywood Reporter is saying that a script of the scandalous incident is finding its way around film circles. The Gox story recently told in Rolling Stone is being sold to the highest bidder in the Hollywood market by the Creative Artists Agency. The....

Will the real "Dread Pirate Roberts" please stand up?

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....