Mark Karpeles Will Not Appear in the United States For Questioning
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....
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Mt. Gox CEO Mark Karpeles refuses to travel to the U. S. for questioning. Plaintiffs find this unacceptable, after they offered to pay all travel expenses. Mark Karpeles must be one of the most talked about people in the world of Bitcoin. Normally, one would be happy to be a trending topic but in Karpeles' case, I highly doubt that's the case. The Mt. Gox CEO is held responsible for all the bankruptcy of his exchange and has several lawsuits waiting. Today, news came out Karpeles is refusing to travel to the United States for questioning, after creditors of the failed exchange were trying....
United States Bankruptcy Judge Stacey Jernigan has ordered that Mt. Gox CEO Mark Karpeles appear in Dallas, Texas at the offices of Baker & McKenzie, the firm that represents his company here in the States for a deposition, Reuters reports. Karpeles has been ordered to appear on April 17th. The move comes following a Chapter 15 bankruptcy protection filing in Texas last month, in which the company sought protection from creditors in the United States. "If he avails himself of this court, my God, he is going to get himself over here," the Judge was quoted as saying. By nature of the Chapter....
If he would set foot on American soil, Mt. Gox CEO Mark Karpeles would likely face an immediate arrest. In an article last week, CCN reported on a US judge ordering Mark Karpeles to travel to the United States for hearing if he wanted bankruptcy protection there. This seems unlikely to happen now. Arresting Karpeles. A federal judge ordered Mark Karpeles to appear in Dallas on April 17 to explain how his company was able to lose at least $400 million worth of customer deposits. This seems highly unlikely after having heard some lawyers who are involved in the process. They claim that....
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.....
The official statement provided to the press says that Mark Karpeles is “not willing to travel to the U.S.” Bankruptcy Judge Stacey Jernigan set the hearing under oath on Thursday. The questioning will be performed by lawyers of the victims, who have suffered material losses due to frozen accounts. The refusal was initiated by lawyers of Mr. Karpeles, who claimed a conflict in the legal proceedings. Apart from the aforementioned appointment the witness/ accused should stand in front of U.S. Department of Treasury's Financial Crimes Enforcement Network on Friday. The official reply from the....