Mt. Gox's Mark Karpeles: Of Cats, Temp. Unavailable Bitcoins & Double Lattes With Whipped Cream
Mark Karpeles: Purveyor of fine swords. For anyone following the Mt. Gox debacle in recent years, the person at the center - Mark Karpeles - represented by an oddball character perfect for some future Hollywood film called, "The Bitcoin Exchange," which highlights the sometimes Wall-Streetian, and oft naive, story of Bitcoin. Mark Karpeles, the long embattled and now-incarcerated CEO of Mt. Gox, was well-known for his appreciation of a fine double latte with caramel and extra whipped cream. He is better known for having lost millions worth of bitcoins through his exchange Mt. Gox. Many....
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Following the collapse of Mt. Gox and the subsequent case of the missing 750,000 BTC, much legal legal has been undertaken, from bankruptcy filing to damage suits against what was once the world's leading Bitcoin exchange, market maker, and price setter. For some time, a lawsuit regarding 458 BTC has been proceeding in a Tokyo court, a Kyoto claimant asking that the court rule his money be returned. Also read: Mt. Gox's Mark Karpeles: Of Cats, Temp. Unavailable Bitcoins & Double Lattes With Whipped Cream. In a surprising turn of events counter to rulings in places like Kentucky, Judge....
Mark Karpeles faced fresh embezzlement charges Wednesday as Japanese media claimed some of Mt Gox's stolen funds were spent on prostitutes. But, who cares? Is there anything all that unique about a successful man spending some of that hard-earned money (or in this case hard-stolen) on a good bang? Research shows the answer is 'not really.'. First, the charges. Tokyo police arrested France-born Mark Karpeles for moving 20 million yen ($166,000) in client money to his own bank account amid fraud allegations regarding the loss of hundreds of millions of dollars worth of Bitcoin. According to....
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....
In a follow-up to the previous article in which a Japanese source claimed that the Japanese Metro Police Department was looking into additional charges against former Mt. Gox CEO Mark Karpeles for fraudulent system manipulation, sources now confirm that Karpeles has been arrested by Japanese Police. Karpeles is suspected of having accessed the exchange’s computer system and falsifying data regarding its outstanding balance. Mt. Gox Formerly claimed that the balance issue was caused by a bug, but later filed for bankruptcy, losing over 850,000 bitcoins. Since the huge loss, over 200,000....