Karpeles Speaks Up: "I'm Frustrated With Myself"
Mt. Gox CEO Mark Karpeles quickly found himself in the crosshairs of the bitcoin community this year following a devastating collapse of the exchange he managed. With hundreds of millions of dollars of investor funds lost, he's easily become one of the most-hated public figures to ever get involved with the digital currency, and he's now speaking up. In an exclusive interview with the Wall Street Journal, Karpeles recounted the moments the exchange executed some of its final trades before shutting down completely.
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CEO of Mt. Gox, Mark Karpeles, has finally broken his silence to tell the world how it feels to lose 850,000 bitcoins. In an exclusive interview with the Wall Street Journal's Tokyo reporters Takashi Mochizuki and Eleanor Warnock, Karpeles revealed he was "scared, frustrated and angry" in February when he realized the extent of the now-defunct exchange's losses, which total $499,027,945 at today's exchange rate. The weakest point. He lamented that as the head of the company, it had been his mission to protect customers and employees, admitting that "The weakest point of my company was....
The mother of Mark Karpeles, former CEO of Mt. Gox, is speaking out about her son. In a telephone interview with news publication Reuters, Anne Karpeles said her son was a bright child, bad student, and allowed people to take advantage of him. “Difficult, never. Too conciliatory for a few things. Someone who is extremely nice and who has a tendency to let himself get taken for a ride by others. People who took advantage of him, who asked him to do their homework,” she said. Mother Karpeles revealed that her son, who now lives in Japan, was admitted to Mensa — a society of high-IQ....
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 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....