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Tag: arrests

Mt. Gox’s CEO Mark Karpeles Arrested in Japan

Category: News

Mt. Gox’s CEO Mark Karpeles Arrested in Japan

Japanese police have reportedly arrested Mark Karpeles, the head of the Mt. Gox Bitcoin exchange this Saturday, following fraud allegations that have brought down the company and caused significant harm to the reputation of the digital currency. In November of 2014, bitcoin was valued at over $1200 USD, with exchanges like Mt. Gox handling in excess of 70% of all…

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