Mark Karpeles, the former CEO of the now defunct bitcoin exchange Mt Gox, has been re-arrested on charges of embezzlement.
The CEO of bankrupt bitcoin exchange Mt Gox will face fresh theft charges from Japanese police tomorrow, reports say.
Tokyo's District Court has ruled that bitcoin is "not subject to ownership", with a judge telling a plaintiff he couldn't claim for lost Mt Gox coins.
Japanese government officials are said to be weighing how to regulate bitcoin exchanges following renewed attention on past issues at Mt Gox.
The arrest of Mt Gox CEO Mark Karpeles on Saturday is the latest twist in a lengthy plot surrounding the now-defunct bitcoin exchange.
Japanese police arrested Mt Gox CEO Mark Karpeles today on allegations that he manipulated volume on the platform prior to its collapse.
The Tokyo Metropolitan Police is reportedly pursuing fraud charges against Mt Gox CEO Mark Karpeles.
Customers affected by Mt Gox's insolvency have been given more time to file their online bankruptcy claims.
An online claims process is now live for former Mt Gox customers to formally state their losses, with the possibility of receiving payouts in bitcoin.
Mt Gox operated a fractional reserve system since 2011, and had lost most of its bitcoins by mid-2013, according to a newly-released report.