The man is accused of laundering at least $4 billion using bitcoin and is also the chief suspect in the hack of Mt.Gox exchange.
Shaun Bridges, a former Secret Service agent, pleaded guilty on Monday to diverting to his personal account over $800,000 worth of bitcoins during an investigation into online black marketplace Silk Road.
New details and new accusation appear in the case against Mark Karpeles who was first arrested in Tokyo on August 1.
Lawsuit of the Japanese robbed by Mt. Gox was dismissed as the Judge acknowledged bitcoin as ‘intangible asset.’
The investigation of massive data manipulation at Mt. Gox reveals new details.
The Tokyo Metropolitan Police have arrested the CEO of the Mt.Gox bitcoin exchange over the loss of a ‘massive amount’ of the virtual currency.
The customers of the Tokyo-based bitcoin exchange Mt. Gox are now able to file a claim in order to get their lost money back.
Mark Karpeles, the CEO of Bitcoin exchange Mt. Gox, has denied any involvement in the online black market Silk Road.
The Yomiuri Shimbun reported that most of bitcoins dissapeared from Mt. Gox were as a result of fraud, despite the company’s claims it was due to hacker attacks.
The process of Mt. Gox liquidation is underway, Kraken bitcoin exchange will aid to investigate the missing bitcoins.
The founder of Mt. Gox and Ripple Labs, Jed McCaleb, launched his new project Stellar that will encourage further digital money adoption.
Mt. Gox is going to sell its bitcoins.com domain name at an auction on July 24th.
The documents leaked by Mt. Gox website say that the firm paid $200,000 to its parent company Tibanne.