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posted by janrinok on Saturday August 01 2015, @05:13PM   Printer-friendly
from the just-a-few-questions-sir dept.

According to Reuters the former CEO of the collapsed Bitcoin exchange Mt. Gox, Mark Karpeles, has been arrested:

Mark Karpeles, the former head of defunct bitcoin exchange Mt. Gox, was arrested on Saturday in connection with the disappearance of hundreds of millions of dollars worth of the virtual currency, Japanese media reports said.

The French-born Karpeles, 30, is suspected of falsifying data on the outstanding balance of the exchange, at one point the world's largest hub for trading the digital currency, they added.

Police were unable to immediately confirm the reports.

The story is also covered at International Business Times, The New York Times and The BBC.


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  • (Score: 0) by Anonymous Coward on Sunday August 02 2015, @08:09AM

    by Anonymous Coward on Sunday August 02 2015, @08:09AM (#216961)

    the japanese prison system is no fun for japanese nationals, probably much less for foreigners
    as an example, consider the way executions are carried out: the convict only learns about it an hour in advance, the family only afterwards