Former Mt. Gox head Mark Karpeles found guilty in Japanese court

15 Mar, 2019
by David Borman
Breaking News
Former Mt. Gox head Mark Karpeles found guilty in Japanese court

It was just announced that the former head of the now defunct Mt. Gox exchange, Mark Karpeles, has been found guilty by a Japanese court. Details are still scarce but it seems Karpeles has been sentenced to 2.5 years in prison.

It appears Karpeles was found guilty of illegal production of electronic records, which is what netted him 2 years and six months. However there is word that the sentence may be "suspended," and there's a chance he may not have to spend any time in prison.

Karpeles was also found not guilty on two other charges, embezzlement and aggravated breach of trust. It is unclear what kind of sentence those charges would have brought.

If any new information comes out concerning this case, you can be sure Chepicap will be here to update!

Is NOW a good time to BUY BITCOIN?Subscribe to the Chepicap YouTube Channel for more videos!

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!

 

Read more: How to tip and receive Bitcoin via the Lightning Network with Tippin.me

Read more about: Mt. Gox Japan

Poll

Should Karpeles go to prison?

(2 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage