Mt Gox CEO Claims to be 'Victim' in Bitcoin Exchange Demise
Mark Karpeles, the CEO of bankrupt bitcoin exchange Mt Gox, has denied claims he manipulated account balances while he was running the Tokyo-based company. According to a local media report, Karpeles told Japanese police he had no knowledge of the disappearance of any bitcoins and that he "was just a victim". Karpeles was re-arrested in Tokyo last week following allegations he had embezzled ¥321m ($2.6m) of customer deposits to fund his personal projects. The report, which bizarrely noted that Karpeles has an intelligence quotient of 190 - which would make him a genius - also cited the CEO....
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Mark Karpeles, the former CEO of the now defunct bitcoin exchange Mt Gox, has been re-arrested on charges of embezzlement. According to local media reports, Tokyo's Metropolitan Police served Karpeles with a new arrest warrant earlier today. Reports suggesting a re-arrest was a possibility first surfaced yesterday amid claims he had embezzled ¥321m ($2.6m) of customer deposits to fund other personal projects. As previously reported by CoinDesk, Karpeles has been in custody for the past three weeks - the maximum time period suspects can be detained without being formally charged. The new....