Mt. Gox CEO charged with embezzling £1.7m worth of Bitcoin

http://www.theguardian.com/technology/2015/sep/14/bitcoin-mt-gox-ceo-mark-karpeles-charged-embezzling

by edward • 11 years ago

12 3 11 years ago

theguardian.com

chollida1• 11 years ago

From the article:

He has denied the charges, saying he had intended to pay back the money, according to the Yomiuri Shimbun newspaper.

So does this mean he has admitted to taking(embezzling) some of the funds from Mt Gox?

Also the amount seems pretty strange given how much money/bitcoins actually ended up missing from the exchange.

This charge only seems to be for embezzling money and not bitcoins. Does this mean that police are separating chargers for embezzling money and bitcoins? or just that police think they can only prove the embezzlement of money and not bitcoins?

Justen• 11 years ago

That amount could be the result of all they can prove.

torgoguys• 11 years ago

it was mainly spent on buying licenses for 3D-rendering software

That's a lot of money to spend on 3D rendering software. Can anyone provide some insight on this? Are we talking Hollywood custom rendering or something?

Mt. Gox CEO charged with embezzling £1.7m worth of Bitcoin

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