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  • fuckedgaijin ‹ General ‹ F*cked News

MtGox's Mark Karpeles served fresh arrest warrant

Odd news from Japan and all things Japanese around the world.
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MtGox's Mark Karpeles served fresh arrest warrant

Postby Samurai_Jerk » Mon Aug 24, 2015 5:02 pm

Bitcoin CEO's arrest leaves trail of unanswered questions

The arrest of MtGox boss Mark Karpeles has begun to shed light on the defunct Bitcoin exchange after hundreds of millions of dollars in virtual currency vanished from its digital vaults last year.

But as details of a lengthy investigation by Japanese police trickle out, at least one crucial question remains unanswered: where is the money?

On Friday authorities issued a fresh arrest warrant for Frenchman Karpeles over claims he stole several million dollars from clients, including about $48,000 allegedly spent on a luxury canopy bed.

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.

A fresh warrant resets the clock on how long police can hold him and grill the self-described computer geek over Tokyo-based MtGox's missing Bitcoins.

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 $480 million at the time, or $387 million at current exchange rates -- that disappeared last year.
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Re: MtGox's Mark Karpeles served fresh arrest warrant

Postby Coligny » Mon Aug 24, 2015 6:40 pm

I thought bitcoins wuz not muneys and can't be stolen...
Freedom is like farts... You enjoy yours but usually can't stand other's...


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Re: MtGox's Mark Karpeles served fresh arrest warrant

Postby omae mona » Mon Aug 24, 2015 9:18 pm

Coligny wrote:I thought bitcoins wuz not muneys and can't be stolen...


Are you making a philosophical statement? Or are you saying you're confused about how the theft happened?
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Re: MtGox's Mark Karpeles served fresh arrest warrant

Postby matsuki » Tue Aug 25, 2015 7:55 am

omae mona wrote:
Coligny wrote:I thought bitcoins wuz not muneys and can't be stolen...


Are you making a philosophical statement? Or are you saying you're confused about how the theft happened?


That was French for sarcasm :wink:
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Re: MtGox's Mark Karpeles served fresh arrest warrant

Postby Taro Toporific » Fri Sep 11, 2015 3:20 pm

MtGox's Mark Karpeles served fresh arrest warrant (August 24)


Well, it has been 23 days since his 'rearrest' on August 24. Will Buttboy Karpeles be re-rearrested today? :-D

Edit:

Japan charges Bitcoin exchange CEO with embezzlement
http://www.france24.com/en/20150911-jap ... jiji-press
TOKYO (AFP) -- Japanese prosecutors on Friday charged the head of collapsed Bitcoin exchange MtGox with embezzlement, Jiji Press news agency said, amid fraud allegations over the disappearance of hundreds of millions of dollars worth of the virtual currency.
The charges, which could not be immediately confirmed, come after France-born Mark Karpeles, 30, was taken into police custody in Tokyo last month over the affair. It was unclear if the indictment related to all or a part of the missing money.
He has been held without formal charge for six weeks, as allowed under Japanese law.
Karpeles was first taken into custody over claims he fraudulently tinkered with data and transferred funds to other firms controlled by him dozens of times between 2011 and 2013.
More...
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Re: MtGox's Mark Karpeles served fresh arrest warrant

Postby Russell » Fri Sep 11, 2015 9:46 pm

Taro Toporific wrote:
MtGox's Mark Karpeles served fresh arrest warrant (August 24)


Well, it has been 23 days since his 'rearrest' on August 24. Will Buttboy Karpeles be re-rearrested today? :-D

Edit:

Japan charges Bitcoin exchange CEO with embezzlement
http://www.france24.com/en/20150911-jap ... jiji-press
TOKYO (AFP) -- Japanese prosecutors on Friday charged the head of collapsed Bitcoin exchange MtGox with embezzlement, Jiji Press news agency said, amid fraud allegations over the disappearance of hundreds of millions of dollars worth of the virtual currency.
The charges, which could not be immediately confirmed, come after France-born Mark Karpeles, 30, was taken into police custody in Tokyo last month over the affair. It was unclear if the indictment related to all or a part of the missing money.
He has been held without formal charge for six weeks, as allowed under Japanese law.
Karpeles was first taken into custody over claims he fraudulently tinkered with data and transferred funds to other firms controlled by him dozens of times between 2011 and 2013.
More...

If you think about it, it is kind of funny.

He embezzled bits.

That are supposed to represent money.

Money that is not recognized as money under Japanese law...
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Re: MtGox's Mark Karpeles served fresh arrest warrant

Postby Coligny » Fri Sep 11, 2015 9:50 pm

omae moron wrote:
Coligny wrote:I thought bitcoins wuz not muneys and can't be stolen...


Are you making a philosophical statement? Or are you saying you're confused about how the theft happened?



Russel... careful with your philosophimathical statuement... you might awake th3 old ones...
Freedom is like farts... You enjoy yours but usually can't stand other's...


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