Category Archives: Japan

Bitcoin CEO, Mark Karpeles, Arrested in Japan for Financial Fraud

Mt. Gox

Japanese police had captured Mark Karpeles on Saturday. Mark Karpeles, is being held regarding the loss of bitcoins worth $387m last February. Karpeles is the CEO of the fizzled Mt. Gox Bitcoin exchange, one of the claiming he had swelled his trade account through hacking in for spendable dough, an embarrassment that severely harmed the notoriety of the virtual online […]

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