Tag Archives: mt.gox
Mt. Gox CEO Mark Karpeles cleared of embezzlement charges
Former Mt. Gox chief Mark Karpeles has been found guilty of falsifying financial records but acquitted of all other charges, including embezzlement. According to Bloomberg, the court has given him a two-and-a-half year suspended sentence, which means...
Russian charged over $4 billion bitcoin laundering scheme
The US Department of Justice (DoJ) has charged a Russian Bitcoin exchange operator with 17 counts of laundering up to $4 billion since 2011. Alexander Vinnik was arrested earlier this week by Greek police, and shortly afterwards, security firm Wizsec...
Mt. Gox Says it Has Found 200,000 Bitcoins
Mt. Gox, the Tokyo-based Bitcoin exchange that collapsed and filed for bankruptcy last month, said it had found 200,000 Bitcoins that were held in an “old-format wallet,” or digital storage file...
Hackers Hit Mt. Gox Exchange’s CEO, Claim To Publish Evidence Of Fraud
The Bitcoin community has been angrily pressing for details on what the Bitcoin exchange Mt. Gox has described as a massive hacker attack that stole hundreds of millions of dollars worth of its users...
Mt. Gox files for bankruptcy amid bitcoin loss scandal
Mt. Gox stopped withdrawals not too long ago citing some sort of bug that could allow users to be taken advantage of. Word then started to surface that the company had lost huge amounts of money in...
Bitcoin Exchange Mt. Gox is Financially Doomed
A total loss of 750,000 in bitcoins occurred on Mt. Gox. This was announced on Friday and it was tragic news indeed. Mt. Gox is bankrupt and it has nothing to show the world in the way of any...
Japan minister calls bitcoin ‘collapse’ expected
TOKYO (AP) — Japan's finance minister scoffed at bitcoin woes as inevitable Friday, and Vietnam banned the virtual currency, but enthusiasm was undimmed among its supporters in the aftermath of the...
Mt. Gox CEO Mark Karpeles: ‘I Am Still In Japan’
Mark Karpeles, the chief executive of troubled Bitcoin exchange Mt Gox, has sought to calm market concerns by insisting he remains in Japan, where the company is based. Karpeles says he is working...
Collapse of exchange spells trouble for bitcoin
TOKYO (AP) — The sudden disappearance of one of the largest bitcoin exchanges only adds to the mystery and mistrust surrounding the virtual currency, which was just beginning to gain legitimacy...