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Mark Karpeles News

Mark Karpeles is the former CEO of Mt.Gox – a company that performed Bitcoin exchanges and processed over 70% of Bitcoin transactions before its collapse in 2014. Karpeles was born in France in 1985. In 2003, he worked at Linux Cyberjoueurs and administered its network alongside software development. Mark Karpeles was a founding member of the Bitcoin Foundation. He started Mt.Gox in 2010 in Tokyo, Japan. In 2014, Mt.Gox filed for bankruptcy in Japan and the United States. The reasons of Mt.Gox collapse still remain unknown. Mark Karpeles’ net worth is estimated to be around $2 billion in Bitcoin after all the bankruptcy proceeding concludes. Karpeles was arrested by Japanese police on suspicion of changing data in the exchange’s computer system to falsify the information about its balance. He was also accused of being a Silk Road creator by Ross Ulbricht’s lawyers, but was not charged for it as Ulbricht has already been found guilty.

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Mark Karpeles has repeatedly denied criminal activity related to either the Mt. Gox hack or the alleged embezzlement of funds.

Ex-Mt. Gox CEO Karpeles Denies Embezzlement as Prosecutors Call for Ten Year Jail Term

2018-12-12T09:21:00+00:00

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Four years after the collapse, the hacked exchange has more money than it owes to its victims.

The Mt. Gox Redemption: Heading Toward a Happy Ending?

2018-08-28T19:12:00+01:00

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Mark Karpeles has sought to quell potential user anger over the leftover 160,000 bitcoins in liquidation capital.

Mt. Gox Ex-CEO Karpeles Says He ‘Doesn’t Want’ Leftover $1 Bln Post-Liquidation Funds

2018-04-04T16:10:00+01:00

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It feels like a lifetime has passed, but the infamous Mt. Gox capitulation only happened four years ago.

The Mess That Was Mt. Gox: Four Years On

2018-03-09T13:40:00+00:00

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Community is outraged that former Mt. Gox CEO Mark Karpeles wants to run an ICO to raise $245 mln to revive Mt. Gox, after losing $8 bln in user funds.

Karpeles Coin: Mt. Gox Founder’s ICO Plans Cause Community Outrage

2017-11-28T09:11:00+00:00

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Former CEO Karpeles suggests reviving MtGox post-bankruptcy?

Karpeles Suggests Potential For MtGox Revival

2017-11-18T11:03:00+00:00

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Former MtGox CEO Mark Karpeles stands to make $1 bln in bankruptcy settlement.

Irony of Ironies as Mark Karpeles Could Profit $1 Bln from Mt. Gox

2017-11-11T11:15:00+00:00

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The Bitcoin and altcoin market keep exhibiting a high level of volatility, suggesting easy manipulation by a minute segment of participants as the case currentl...

How Bots And Black Marketers Are Influencing Bitcoin Price, Altcoins Value

2017-07-13T12:15:00+01:00

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