Former Mt Gox CEO Karpeles Must Face US Class Action, Judge Rules
Mark Karpeles, former CEO of the early bitcoin exchange Mt. Gox, must face a class action lawsuit in Philadelphia over the firm's 2014 collapse.
The trustee recovering funds on behalf of Mt Gox's creditors has contacted the U.S. Department of Justice seeking information about Alexander Vinnik.
Some Mt. Gox creditors have signed on to a law firm’s unorthodox proposal to recover their bitcoin, but many are skeptical about its motives.
Creditors have until Dec. 31 to accept the offer, which is lower than one made previously.
A Russian law firm says it can help Mt Gox creditors recover up to $2 billion worth of bitcoins stolen in the 2014 hack.
Quontic, a small bank in New York, has started working with crypto firms, joining the very short list of institutions to embrace the sector.