• Mt. Gox's Mark Karpelès could avoid prison, despite faking financial records

    4 days ago - By The Next Web

    Mark Karpelès, the head of defunct cryptocurrency exchange Mt. Gox, has been found guilty of tampering with financial records, but thanks to a suspended sentence will probably avoid prison. Today, some five years after being ransacked by hackers, a Japanese court found Karpelès combined his personal finances with user funds kept on Mt. Gox in a bid to obfuscate the losses. He was handed a 33-month suspended sentence, Bloomberg reports. The Tokyo District Court also found the Frenchman ‘not-guilty' of embezzlement, after it decided he had committed those crimes without ill intent. Mt. Gox...
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  • Former Mt. Gox CEO found guilty of record tampering, but likely to avoid prison

    Former Mt. Gox CEO found guilty of record tampering, but likely to avoid prison

    4 days ago - By ZDnet

    Mark Karpeles has been found guilty of fiddling accounts but not embezzlement in the Mt. Gox case.
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  • Mt. Gox CEO Mark Karpeles cleared of embezzlement charges

    4 days ago - By Engadget

    Former Mt. Gox chief Mark Karpeles has been found guilty of falsifying financial records but acquitted of all other charges, including embezzlement. According to Bloomberg, the court has given him a two-and-a-half year suspended sentence, which means...
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