Home > Gox

Mt. Gox CEO Mark Karpelès to Spend 10 Years in Prison for Bitcoin Embezzlement

Prosecutors have demanded the Japanese court to charge Mt. Gox CEO Mark Kapelès a minimum 10-year jail term under charges of Bitcoin embezzlement and fraud.On Friday, Mark Kapelès, the CEO of now-defunct cryptocurrency exchange Mt. Gox is facing a litmus test. The Tokyo court will announce its verdict as Karpelès

Read More

Mt. Gox Trustee May Have Crashed Bitcoin in 2018 by Dumping It on an Exchange, but There is Still Hope

The now-defunct cryptocurrency exchange Mt. Gox reportedly liquidated around $312 million worth of Bitcoin (BTC) throughout February and June of 2018 through a Japanese exchange called BitPoint.GoxDox, an organization that was established to assist Mt. Gox creditors, released a photograph of a bank account statement on February 5 showing the

Read More

Former Mt. Gox CEO Mark Karpeles Rejects Brock Pierce’s Plans to Reboot Exchange

Mark Karpeles — the former CEO of the now-defunct Bitcoin (BTC) exchange Mt. Gox — has refuted controversial crypto figure Brock Pierce's claims he can reboot the trading platform and accelerate compensation for Mr. Gox’s creditors. Karpeles made his remarks in private correspondence with Cointelegraph Japan on Feb. 12.As reported,

Read More