Saturday, August 1, 2015

BREAKING MtGox Bitcoin Chief Mark Karpeles Arrested in Japan

Japanese police have arrested the CEO of the collapsed company MtGox, which was once the world's biggest exchange of the virtual currency, bitcoin, reports the BBC.

Mark Karpeles, 30, is being held in connection with the loss of bitcoins worth $387m (£247m, €351m) last February.

He is suspected of having accessed the exchange's computer system to falsify data on its outstanding balance.


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