Chicago Court Freezes Assets of Mark Karpeles in the US
A Chicago judge has reportedly frozen all US-based assets controlled by Mark Karpeles, the CEO of the now defunct bitcoin exchange Mt. Gox. US District Judge Gary Feinerman made the decision to freeze Karpeles' assets, along with assets belonging to companies tied to both Mt. Gox and Karpeles, according to the Wall Street Journal. The order is temporary, but the assets will remain frozen for at least two weeks. This move doesn't appear to be directly related to the exchange's Chapter 15 bankruptcy proceedings. It is, in fact, the result of a prior lawsuit filed against Karpeles by Mt. Gox....
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U. S. District Judge Gary Feinerman has reportedly frozen the U. S. -based assets of Mt. Gox CEO Mark Karpeles and companies related to him for two weeks as clients of the former exchange look to get back at least some of what was in their accounts before the company shut down. Feinerman is said to have placed a temporary restraining order on Karpeles' assets, that of a related company in the U. S., and the parent company of the exchange's operator, according to the Wall Street Journal. The WSJ reported indicates that the firm that ran the exchange, Tibanne, is not affected by the order....
Despite the fact that a bankruptcy Judge in Texas ordered disgraced Mt. Gox CEO Mark Karpeles to the United States for questioning, it would not surprisingly appear as if Karpeles is unable to make it here. Judge Stacey Jernigan demanded Karpeles appear if the company wanted bankruptcy protection, but Karpeles' lawyers cited a FinCEN (Financial Crimes Enforcement Network) subpoena as the reason for the no-show. That subpoena called for Karpeles to show up in Washington, D. C. on Friday to testify. "Mr. Karpeles is now in the process of obtaining counsel to represent him with respect to the....
Mark Karpeles, the ex-CEO of Mt Gox is currently walking free after the court in Japan granted him bail against a deposit of $94,500. Mark Karpeles, who has been spending time in a Japanese jail for the past 10 months is finally out. The ex-CEO of now defunct Mt Gox Bitcoin exchange which declared bankruptcy after losing large amounts of bitcoin to hacking incidents has been granted bail by the Japanese court after he managed to deposit the bail amount of close to $100000. The images of Mark walking out of the prison shows him to be a completely different person after he lost weight over....
Previously, the Tokyo District Public Prosecutors Office indicted Mark Karpeles with embezzlement. This week, The Guardian disclosed that the former Mt. Gox CEO has been alleged by the Japanese Prosecutors for the embezzlement of US$2.62 million worth of bitcoin. Karpeles however, denied the charges and claimed that he "had intended to pay back the money," reported the Yomiuri Shimbun. Bitcoin Cannot be owned. On August 6, the Tokyo District Court ruled that the bitcoins lost during the collapse of Mt. Gox cannot be reimbursed, because virtual currency cannot be subjected to ownership.....
Mark Karpeles, the CEO of failed bitcoin exchange Mt Gox, has been charged with embezzlement by Japanese prosecutors. Reports suggest Karpeles remains in the custody of Japanese police but has the option to request his release from the court while he awaits trial. The news comes after Karpeles was re-arrested in Tokyo at the end of August on allegations that he had embezzled ¥321m ($2.6m) from the company to fund his own personal projects. Karpeles was first arrested in Tokyo on 1st August amid allegations that he had manipulated volume on the now defunct bitcoin exchange. CrimeMark....