CEO Arrest Probably Won't Solve The Mystery Of Mt. Gox
The former CEO of collapsed Bitcoin exchange Mt. Gox has been arrested in Japan over accusations he funneled money from the website to himself.By Matt Picht | August 1, 2015
The former head of now-defunct bitcoin platform Mt. Gox has been arrested in Japan over accusations he manipulated the exchange to pad his accounts.
But his arrest probably won't make these guys feel any better.
Japanese authorities accuse Mark Karpeles of inflating his bitcoin balance while running Mt. Gox by roughly $1 million. In texts sent to The Wall Street Journal, Karpeles called the charges "false" and said he would "of course deny" them. (Video via NHK)