The former CEO of now-defunct Bitcoin exchange Mt. Gox mark Karpeles received a suspended prison sentence. Tokyo court found him guilty of falsifying financial statements. As shown by the results of the investigation, Karpeles mixed personal finances and client funds to cover losses from a hacker attack.
Former CEO has received 2,5 years of imprisonment conditionally with a trial period in 4 years. That is Karpeles will not be deprived of liberty if, within 4 years, nothing will break. While he was acquitted on charges of embezzlement.
We will remind, the largest at the moment the crypto currency exchange Mt. Gox was hacked in 2011. Then hit 24 thousand depositors. The subsequent collapse in early 2014 resulted in the loss of 850k BTC. At that time it was the equivalent of $ 460 million, now amounts to 3.3 billion.
Although allegations of fraud were not directly involved with the theft, the behavior Karpeles immediately after the hacking has raised many questions. In the summer of 2015, shortly before the indictment, he allegedly found himself on the cold storage of 200 thousand missing bitcoins.
See also: the Greatest con man or businessman-loser. How does mark Karpeles after breaking the Mt.Gox
The trial of Karpeles began in July 2017, and since then, he insists on his own innocence. Moreover, he accused the Japanese justice system unfair treatment. According to the statement of Karpeles, he was forced to sign a confession, and often interrogated without a lawyer present.
In February, Karpeles has reacted scornfully to the so-called movement GoxRising. It is headed by controversial in Cryptoprotected character Brock pierce, who said he will be able to restart the trading platform and much faster means to rehabilitate the affected depositors. More data look at cryptodata.
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