Four years after bitcoin exchange Mt. Gox collapsed amid the biggest bitcoin theft in history, its former customers may have a chance to recover their lost cryptocurrency. A court in Japan stopped the exchange’s bankruptcy proceedings, potentially allowing at least a billion worth of digital...
The man once known in the bitcoin community as “Bitcoin King” (probably because he handled a majority of bitcoin in circulation) finally faces the legal troubles he’s be running from. Thirty-year-old Mark Karpelès was officially charged with embezzlement for the allegations brought against him by Japanese...
Imagine this scenario. Forget Apple Pay (many already do, it seems). Forgot debit and credit cards. In fact, cut them up. Now, go take all the money you need to live on for a year and convert it into bitcoin. And no cheating. No backup...
Mark Karpelès, the head of collapsed Japanese bitcoin exchange Mt. Gox, has been arrested in Tokyo on fraud and embezzlement charges. The police said that Karpelès “unjustly inflated the balance” of an account registered under his name by falsifying transaction records on a system which...
June 22, 2018
Four years after bitcoin exchange Mt. Gox collapsed amid the biggest bitcoin theft in history, its former customers may have a chance to recover their lost cryptocurrency. A court in Japan stopped the exchange’s bankruptcy proceedings, potentially allowing at least a billion worth of digital currency to be returned to its rightful owners, Fortune reported. […]
September 14, 2015
The man once known in the bitcoin community as “Bitcoin King” (probably because he handled a majority of bitcoin in circulation) finally faces the legal troubles he’s be running from....