In his closing arguments in a Tokyo court, Mark Karpeles, former CEO of collapsed bitcoin exchange Mt. Gox, said he did not embezzle funds.
Japanese prosecutors are seeking a 10-year sentence for former Mt. Gox CEO Mark Karpeles over embezzlement of user funds.
Mark Karpeles has again apologized for his role in the firm's 2014 collapse and said he doesn't want any of the remaining Mt. Gox funds.
A Mt Gox initial coin offering (ICO)? It's not that much of a far-fetched idea, according to the defunct bitcoin exchange's controversial CEO.
Mark Karpeles, CEO of collapsed bitcoin exchange Mt Gox, pleaded not guilty in court to charges of embezzlement and data manipulation today.
The chief executive of the now-defunct bitcoin exchange Mt Gox is set to appear in court this week.
International hedge funds are said to be moving to purchase claims held by customers of the failed bitcoin exchange Mt Gox.
Convicted Ponzi operator Trendon Shavers is now insinuating that the unidentified debtor cited in his defense against the SEC was Mark Karpeles.
A Japanese media report suggests Mt Gox CEO Mark Karpeles has been released on bail.
The bankruptcy trustee for the now-defunct bitcoin exchange Mt Gox has released a new update, offering fresh details on the claims submitted so far.