Mt. Gox CEO Karpeles arrested by Japanese police
The CEO of failed Bitcoin exchange Mt.Gox was arrested in Japan early Saturday by police, according to several media reports.
The CEO of failed Bitcoin exchange Mt.Gox was arrested in Japan early Saturday by police, according to several media reports.
Few people marked the recent anniversary of one of the biggest catastrophes to hit bitcoin -- the day MtGox went bust.
Any backdoor connection that the Silk Road online market might have had with Mark Karpeles, the founder of the failed Mt. Gox Bitcoin exchange, will have to be disregarded unless defense attorneys present stronger evidence, the judge in the U.S. federal trial against Russ Ulbricht said Tuesday.
Nearly all of the roughly US$370 million in bitcoin that disappeared in the February 2014 collapse of Mt. Gox probably vanished due to fraudulent transactions, with only 1 percent taken by hackers, according to a report in Japan's Yomiuri Shimbun newspaper, citing sources close to a Tokyo police probe.
Bitcoin exchange Kraken will help probe missing bitcoins as part of the liquidation of MtGox, once the world's largest trading place for the digital currency.
Mark Karpeles' t-shirt couldn't be more ironic.
The sale of the domain Bitcoins.com, affiliated with Mt. Gox CEO Mark Karpeles, has been halted after a U.S. court order, according to the auction house.
The trustee overseeing the carcass of Mt. Gox, once the world's largest trading platform for Bitcoin, told investors Wednesday that the company could be revived.
A group of creditors of failed Bitcoin exchange Mt. Gox wants to acquire its assets and set up a new exchange for the digital currency in Japan.
Mark Karpeles, CEO of the now-bankrupt Bitcoin exchange Mt. Gox, is auctioning off Bitcoins.com, a site Karpeles launched last year to provide information around the digital currency.
Creditors of bankrupt Bitcoin exchange Mt. Gox have until Nov. 28 to file proof of their claims, according to a notice from its trustee.
Plaintiffs in two class-action suits charging the embattled Bitcoin exchange Mt. Gox with fraud have agreed to a settlement, and new plans to revive the exchange have been drafted.
The clock may be running out on Mt. Gox, but a consortium of investors still wants to relaunch the failed Bitcoin exchange.
Bitcoin exchange Mt. Gox has abandoned its bid for revival and filed for liquidation with a Japanese court, The Wall Street Journal reported Wednesday.
Mt. Gox CEO Mark Karpeles, who was ordered to appear before a U.S. bankruptcy court to answer questions, has asked for a postponement of his deposition.