Tokyo court hands down surprise ruling against Mt. Gox CEO Mark Karpeles

After years of waiting, the next chapter in the Mt. Gox cryptocurrency exchange saga has finally drawn to a close. The exchange’s founder and former CEO, Mark Karpeles, stood trial in Tokyo for his role in the demise of the exchange, ultimately being charged with embezzlement, price manipulation and other charges. The Japanese court has…

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‘Crypto celebrity’ plans to give Mt. Gox clients their money back

The collapse of the Mt. Gox exchange in 2014 sent shockwaves through the crypto world, slashing 36% off the value of then Bitcoin, before it forked off to become Bitcoin Core (BTC), and resulting in some 24,000 site users losing 750,000 BTC. Once the world’s foremost cryptocurrency exchange, the Mt. Gox debacle resulted in a…

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Bitcoin Rich Mt. Gox Trustee May Have Crashed Crypto In Early-2018

Theories have flown around regarding what catalyzed the crypto sell-off seen in 2018. While proposed triggers include stringent regulation, the lack of publicly-tradable Bitcoin (BTC) exchange-traded funds brought to market, or a simple case of waning interest from the common Joes & Jills of the world, a new hypothesis has just hit the mainstream. The…

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$400 Million Worth Cryptocurreny Didn’t Cause Bitcoin Price Drop, Says Mt Gox Trustee

Sometimes things happen, and we see them as a coincidence, but then it is essential not to ignore the fact that as much as some of them may be coincidental, others may be related too. Concerning all that is going on in the cryptocurrency market, one might think it is not a coincidence that the…

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