Guilty, but not much. Sentenced the former CEO of Mt. Gox

Date:

2019-03-15 19:15:06

Views:

18

Rating:

1Like 0Dislike

Share:

Guilty, but not much. Sentenced the former CEO of Mt. Gox

Former CEO of the now defunct Bitcoin exchange, mark Karpeles received a suspended prison sentence. Tokyo court found him guilty of falsifying financial statements. As shown by the results of the investigation, Karpeles mixed personal finances and client funds to cover losses from a hacker attack.

Former CEO received 2,5 years of imprisonment conditionally with a trial period in 4 years. That is Karpeles will not be deprived of liberty if, within 4 years, nothing will break. While he was acquitted on charges of theft.

Recall, the largest at the moment the crypto currency exchange Mt. Gox was hacked in 2011. Then hit 24 thousand depositors. The subsequent collapse in early 2014 resulted in the loss of 850 thousand . At that time it was the equivalent of $ 460 million, now amounts to 3.3 billion.

Although allegations of fraud were not directly involved with the theft, the behavior Karpeles immediately after the hacking has raised many questions. In the summer of 2015, shortly before the indictment, he allegedly found himself on the cold storage of 200 thousand missing .

See also:

The Trial of Karpeles began in July 2017, and since then, he insists on his own innocence. Moreover, he accused the Japanese justice system unfair treatment. According to the statement of Karpeles, he was forced to sign a confession, and often interrogated without a lawyer present.

In February, Karpeles has reacted scornfully to the so-called movement . It is headed by controversial in Cryptoprotected character Brock pierce, who said he will be able to restart the trading platform and much faster means to rehabilitate the affected depositors. More data to search for .

Recommended

When Bitcoin will reach 250 thousand dollars? Reply venture capital investor

When Bitcoin will reach 250 thousand dollars? Reply venture capital investor

preparing for a bullish trend, so the wave of optimism, many cryptanalysts once again beginning to make long-term predictions about the future price of the asset. Right now, the cryptocurrency is trading at $ 4030. Tim Draper believes this threshold...

90 percent of cryptoprocta will be a loss. Sad forecast analyst

90 percent of cryptoprocta will be a loss. Sad forecast analyst

I Think the stock market is starting to heat up. stabilized and even showed a slight growth, industry traders, in anticipation of the high season altcoins. However, there are fundamentally oriented cryptanalysts and traders who are not so optimistic....

Hasrat, Bitcoin peaked for 4 months. The confidence of the miners grows

Hasrat, Bitcoin peaked for 4 months. The confidence of the miners grows

the Price of the world's largest cryptocurrency has gone up immediately after Hasrat coins recorded a new maximum for the last 4 months. According to Blockchain.com computing the network capacity has risen to 52493 PH/s. Hasrat historical maximum was...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Bitcoin veteran alleges that BTC and ETH different niches. Is it really so?

Bitcoin veteran alleges that BTC and ETH different niches. Is it really so?

expert and the author of several books about cryptocurrencies Andreas Antonopoulos in a recent interview, tried to explain the differences between the scope of Bitcoin and blockchains . According to him, these blackany not interch...

Founder of Tron: cryptocurrencies will provoke

Founder of Tron: cryptocurrencies will provoke "a new wave of Internet"

In his brief CNBC interview Justin San expressed optimism about introducing the blockchain. The founder aimed for the mass adoption of technologies aimed at the development of Cryptoprotected, and is not fixated on increasing mark...

What Aldon is the most popular among investors? Response To Weiss Ratings

What Aldon is the most popular among investors? Response To Weiss Ratings

the Last few months have been particularly fruitful for the team . «fanbase» coins is considered to be one of the most influential in the industry — no wonder XRP for quite a while took second place in our ranking of cry...