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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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AUG 11 DIGEST: Tokyo Police Suspect Karpelès Embezzled Funds; US Bank Regulator Calls for Balanced Bitcoin Oversight

Aaron van Wirdum

2015-08-11T14:40:16+01:00

293

Mark Karpelès is believed to have manipulated his own account on the bitcoin exchange by millions of dollars Overstock has sold a US$5 million “cryptobond” to N...

AUG 3 DIGEST: Mark Karpelès Admits to Tweaking MtGox Account; Overstock Sells US$5m Cryptobond

Aaron van Wirdum

2015-08-03T13:16:04+01:00

299

Mark Karpeles has been under investigation by Japanese authorities since Febru-ary of 2014 and is soon expected to face charges of fraud at Mt. Gox.

Mark Karpeles Soon To Face Mt. Gox Criminal Fraud Charges

2015-07-31T14:14:28+01:00

543

Former CEO Mark Karpeles warns Mt. Gox's US$500 million loss of funds could happen again, just as BitFinex announces its own possible solution.

Karpeles Warns of another Mt. Gox, but BitFinex might have the Answer

Charlie Richards

2015-06-03T13:01:00+01:00

872

Bruce Fenton is a well-known Bitcoin activist in the crypto community. The Managing Director and founder of Atlantic Financial Inc. and Boston Gulf Advisors Gro...

'We Now Have a 100% Fully Elected Board and We Can Move On' — Bruce Fenton

2015-05-01T20:12:00+01:00

926

Peter Todd has outlined his view that more regulation on all levels is on the way for the digital currency sector; Stellar adopts SCP protocol; Gavin Andresen h...

APR 16 DIGEST: Peter Todd Foresees Greater State Interference in Crypto, Stellar adopts SCP Protocol

Charlie Richards

2015-04-16T12:33:00+01:00

871

Newly elected board member of the Bitcoin Foundation Olivier Janssens has gone to Reddit to post an extensive critique on the foundation.

Bitcoin Foundation Is 'Effectively Bankrupt'

Aaron van Wirdum

2015-04-04T22:05:30+01:00

2251

Charlie Shrem accuses Mark Karpeles of not having cared about Mt. Gox's users, and calls the former digital currency exchange a ponzi scheme.

Charlie Shrem: ‘Mark Karpeles Wanted to Take the Weekend Off’ After Mt. Gox Collapsed

Charlie Richards

2015-01-27T20:07:37+00:00

594