Mt. Gox CEO Mark Karpeles Responds to Community-Wide Condemnation
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....
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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....
Mark Karpeles, former CEO of Mt. Gox, just might be one of the most despised individuals in the crypto-coins community. Under his watch, hundreds of millions worth of dollars in bitcoins went missing, with some investors losing their life savings in the matter of a few weeks. But before Mt. Gox became the largest bitcoin exchange in the world, it was started by someone other than Mark Karpeles. And the man who created it, Jed McCaleb, is keen to clear his name of involvement with regard to the Mt. Gox collapse. Interviewed by Ars Technica, McCaleb said he was no longer involved with Gox....
Mt. Gox chief executive and founder Mark Karpeles has fired back at critics in a recent interview with Forbes. Both Karpeles and Mt. Gox have been taking a lot of flak since the exchange suspended bitcoin withdrawals last week. The decision was brought about by transaction malleability issues, which indirectly led to a massive DDoS attack targeting bitcoin exchanges on Monday. Since then Mt. Gox has tried - and largely failed - to reassure the bitcoin community, while the bitcoin price dropped to its lowest point this year. Who is to blame? When asked whether the problem was caused by the....
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....
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.....