Mark Karpeles, the head of the collapsed MtGox Bitcoin exchange who was arrested in Tokyo, is facing fresh allegations that he misused $8.9 million in customers' deposits, Japanese media reported Sunday, according to AFP (via BI).
Police now suspect that he illegally spent customer deposits worth about 1.1 billion yen ($8.9 million), according to NHK and the best-selling Yomiuri newspaper said.
Police are expected to rearrest him on suspicion of professional embezzlement over the suspected misuse of funds, the Yomiuri said, quoting police sources.
Under the Japanese criminal justice system, police can hold a suspect without charge for up to three weeks, during which time they may carry out vigorous interrogations in an attempt to extract a confession.
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Police now suspect that he illegally spent customer deposits worth about 1.1 billion yen ($8.9 million), according to NHK and the best-selling Yomiuri newspaper said. buy bitcoin visa
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