Japanese court finds Mt. Gox CEO guilty of record tampering

Japanese court finds Mt. Gox CEO guilty of record tampering

Mark Karpeles, CEO of the defunct bitcoin exchange Mt. Gox, has been sentenced by the Tokyo District Court. The court convicted him of record tampering but found him not guilty of embezzlement. He received a suspended jail sentence of two and a half years. The 2014 collapse of Karpeles’ Mt. Gox exchange involved the loss of approximately 850,000 bitcoins, 200,000 of which were later found.

KCooper
KCooper
Top in Tech
Get the App