mark karpeles: Appearing at the Tokyo District Court, Mark Karpeles, the 32-year-old French-born CEO of the now-bankrupt exchange, said huge losses of the digital currency by the business were the result of hacking, according to The Japan Times. He pleaded not guilty to both data manipulation and the embezzlement of a total of 341 million of customers' money between September and December of 2013. Gox, once the world's largest exchange for bitcoin digital currency, denied embezzling hundreds of millions of yen from its customers as his trial began Tuesday in Tokyo. I swear to God I am not guilty, Karpeles said in Japanese, reading out a prepared statement also in Japanese after listening to the charges against him through interpreters. Gox, he said, while claiming that what the prosecutors allege as data manipulation was part of his company's regular business operations and that the money he spent did not belong to his clients. I offer my sincere apology for causing inconvenience to many clients with the bankruptcy of Mt.
(news.financializer.com). As
reported in the news.
Tagged under mark karpeles, september december topics.