Submission + - Japanese Police arrest Mount Gox CEO Mark Karpelès (wsj.com)
McGruber writes: Mark Karpelès, the head of collapsed bitcoin exchange Mt. Gox, has been arrested by Japanese police.
In February 2014, Mount Gox filed for bankruptcy, saying it had lost 750,000 of its customers’ bitcoins as well as 100,000 of its own, worth some $500 million at the time
A police spokesman said Mr. Karpelès is suspected of manipulating his own account at the company by making it appear that $1 million was added to it. The connection between that allegation and the missing bitcoins wasn’t clear.
In February 2014, Mount Gox filed for bankruptcy, saying it had lost 750,000 of its customers’ bitcoins as well as 100,000 of its own, worth some $500 million at the time
A police spokesman said Mr. Karpelès is suspected of manipulating his own account at the company by making it appear that $1 million was added to it. The connection between that allegation and the missing bitcoins wasn’t clear.
Japanese Police arrest Mount Gox CEO Mark Karpelès More Login
Japanese Police arrest Mount Gox CEO Mark Karpelès
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