Mark Karpeles Buying Prostitutes Is No Big Deal
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....
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Shamed Mt. Gox former CEO Mark Karpeles allegedly used suspected embezzled funds to pay for prostitutes, new reports claim. Citing Japanese newspaper Yomiuri, local news publication Astrowani writes that Karpeles “spent an unspecified sum on prostitutes.” Another agency citing police makes reference to “several women whom he met at venues that offer sexual services.” Mt. Gox bitcoin CEO Mark Karpeles re-arrested on charges of embezzlement. The embattled ex-CEO is currently being held by Japanese police after it was alleged that he wired 20 million Yen (US$166,000) of Mt. Gox funds to his....
New embezzlement charges have been filed against Mark Karpeles for moving $20 million worth of yen in client money to his bank account and spending an unspecified sum on prostitutes, reported Astro Awani in Malaysia. Karpeles already faces fraud charges for the disappearance of hundreds of millions of dollars worth of the virtual currency from Mt. Gox, the now defunct Tokyo-based exchange. Citing Yomiuri, a Japanese newspaper, Astro Awani reported Karpeles spent an unspecified sum on prostitutes while the Jiji Press news agency in Japan said the charges involve "several women whom he met....
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....
October 28, 2015, Former Mt Gox CEO Mark Karpeles was re-arrested for suspicious activity involved with moving embezzled funds to his personal accounts. Japanese media reports again the new arrest of the infamous “Magical Tux” as the “CEO of Bitcoin” and supposedly he had quite the run with Prostitutes during his last release time. Tokyo Police arrested Karpeles for moving USD $1 Million in Yen to his bank account a few months ago leading to the 30-year old’s first arrest. The media in Japan went wild as they recorded the Gox CEO covering his face and some called him the person “in charge”....
According to recent reports, an earlier hacking incident that occurred even before Mark Karpeles took over Mt Gox may have also contributed to its demise. What really happened with Mt Gox, the world’s largest Bitcoin exchange at one time which unfortunately went bankrupt? The bankruptcy was allegedly brought upon it due to the theft of huge amounts of bitcoin by hackers combined with mismanagement and embezzlement by Mark Karpeles, the owner and CEO of Mt Gox at that time. But with conflicting reports going around, it is hard to track the whole operating history of Mt Gox along with the....