Mt. Gox's Mark Karpeles Issues Statement
This is part of our continued coverage of the Mt. Gox drama that continues to unfold with each passing day. The exchange's CEO, Mark Karpeles, came out of the woodwork somewhat on Tuesday in an internet chat with consultant Jon Fisher. In that discussion, Karpeles didn't quite give new information, but did not that a 'Strategy Crisis Draft' was. "more or less" legitimate. In that document, it was said that upwards of 700,000 BTC have been lost, and that the company is planning to rebrand itself due to image issues. Today - Karpeles himself put together a note and had it posted to Gox's....
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Mt. Gox has issued yet another brief statement and this time it is coming straight from CEO Mark Karpeles. The troubled exchange issued a very short statement late yesterday, saying that it decided to "close all transactions" for the time being in order to "protect the site" and its users. No change. The latest statement won't do much to reassure customers, either. Here is what Karpeles had to say: February 26th 2014. Dear MtGox Customers, As there is a lot of speculation regarding Mt. Gox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan,....
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....
Japanese news reports that Mark Karpeles, the infamous CEO of Mt Gox, was released on bail yesterday. The video from News24 Japan says Karpeles was let out after being imprisoned for a year and he was released on a $100,000 bail. Mark Karpeles Posts Bail and Weighs a Lot Less. Mark Karpeles was arrested last year by Japanese authorities for being....
According to recent reports, an earlier hacking incident that occurred even before Mark Karpeles took over Mt Gox may have also contributed to its demise. What really happened with Mt Gox, the world’s largest Bitcoin exchange at one time which unfortunately went bankrupt? The bankruptcy was allegedly brought upon it due to the theft of huge amounts of bitcoin by hackers combined with mismanagement and embezzlement by Mark Karpeles, the owner and CEO of Mt Gox at that time. But with conflicting reports going around, it is hard to track the whole operating history of Mt Gox along with the....
The major Bitcoin news headline this weekend came in the form of former Mt. Gox CEO Mark Karpeles being arrested in Japan. After Bitcoin exchange Mt. Gox was forced to shut down in 2014 due to “funds being stolen by hackers”, a recovery process for affected customers slowly started taking shape. But it looks like justice will be served sooner rather than later, as Mark Karpeles admitted to misusing customer funds. Bitcoin exchange Mt. Gox, which at one time was the largest digital currency exchange platform in the world, has always been controlled by one individual, named Mark Karpeles.....