Tag Archives: mt. gox

I’m As Certain As Ever – Bitcoin’s Revolution Is Only Just Beginning

Tim Draper is a founding partner of Draper Associates and headmaster at Draper University. For more on bitcoin’s 10th anniversary, check out our new interactive feature Bitcoin At 10.  ————————————————————— It wasn’t 10 years ago, but more like 15, when I first saw the potential for a digital currency. I’ve been through some big up and downs in bitcoin.… Read More »

Japanese Banks Launching Digital Currencies Could Inspire the Traditional Cash Society

Japan is known as a land of contrasts. A country where serenity and tranquillity can be found in the middle of the hustle and bustle of large global cities, where proud traditionalism stands side-by-side with the developers and innovators of breakthrough technologies, where kimonos are often found next to the latest fashion trends. This contradictory tendency is no… Read More »

Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End

In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, has restated his innocence in the events that saw the firm lose millions in customer funds and ultimately go bankrupt. He faces charges of embezzling approximately 340 million yen (over $3 million) from the exchange and fraudulently manipulating Mt. Gox… Read More »

Disgraced Bitcoin Exchange CEO Mark Karpeles Maintains Innocence in Mt. Gox Embezzlement Trial

The former CEO of defunct bitcoin exchange Mt Gox has maintained his innocence during the closing arguments of his trial, Japanese public broadcaster NHK reported. The France-born Mark Karpeles is on trial in Tokyo on charges of embezzling approximately US$3.1 million and data manipulation while heading the fallen bitcoin exchange. During the closing arguments, Karpeles also offered his… Read More »

Former Mt. Gox CEO Karpeles Declares Innocence in Final Argument

Mark Karpeles — the former CEO of now-defunct cryptocurrency exchange Mt. Gox — has affirmed that he is not guilty in the final argument for his trial, Cointelegraph Japan reports Dec. 27. In court in Tokyo on Thursday, Karpeles apologized for not being able to avoid his exchange being hacked, but also reiterated the idea that he is… Read More »

Former Mt Gox CEO Mark Karpeles Claims Innocence as Trial Nears End

In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, has restated his innocence in the events that saw the firm lose millions in customer funds and ultimately go bankrupt. He faces charges of embezzling approximately 340 million yen (over $3 million) from the exchange and fraudulently manipulating Mt. Gox… Read More »

Hodler’s Digest, Dec 10-16: Top Stories, Price Movements, Quotes and FUD of the week

Top Stories This Week CEO of Defunct Mt. Gox Exchanges Faces Ten Year Jail Sentence Over Embezzlement Mark Karpeles, the former CEO of now-defunct Japanese Bitcoin exchange Mt. Gox, could be facing a ten-year jail sentence over charges of embezzlement. Karpeles, who headed the exchange during the major hack in 2014 that resulted in the loss of 850,000… Read More »

Davinci Jeremie Shares His Prediction After Stellar Track Record of Bitcoin Calls

Davinci Jeremie, Chilean software developer and little known Bitcoin guru, who has a stellar track record of Bitcoin calls is back.  Only As Good As Your Last Call If you’re sick of so-called experts, confidently calling the bottom of the bear market, only for the following week to wipe another [insert obscene amount of money here] off your… Read More »

Ten-Year Jail Term Looms Large for Former Mt. Gox Chief

Japanese Prosecutors are clamoring a 10-year jail term for former CEO of defunct Japanese Bitcoin exchange, Mark Karpelès. This comes in the midst of the extension announced for civil rehabilitation claims. More Trouble for Former Mt. Gox Chief The nightmare does not seem to end for Mark Karpelès, as the Nikkei Asian Review today (December 12) reported that… Read More »