Mark Karpeles and Police

Karpeles: But as details of a lengthy investigation by police trickle out, at least one crucial question remains unanswered: Where is the money On Friday, authorities issued a fresh arrest warrant for Karpeles, a Frenchman, over claims he stole several million dollars from clients, including about roughly ¥5.86 million allegedly spent on a luxury canopy bed, according to The Japan Times. Karpeles, 30, who has reportedly denied the allegations, was initially taken into custody earlier this month and has been held without formal charges for three weeks, as allowed under Japanese law. Gox chief Mark Karpeles has begun to shed light on the defunct bitcoin exchange after ¥321 million in the virtual currency vanished from its digital vaults last year. A fresh warrant resets the clock on how long police can hold him and grill the self-described computer geek over Tokyo-based Mt. So far, police have accused Karpeles of manipulating data and stealing sums that amount to just a fraction of the 850,000 coins — worth around ¥48 billion at the time — that disappeared last year. Gox missing bitcoins. (news.financializer.com). As reported in the news.