Saturday, November 11, 2017

Mt. Gox’s CEO Could end Up With Massive Profits

Hmmm, this just doesn't seem right, now does it?

To date, Karpelès has denied any wrongdoing and lamented Mt. Gox's 2014 massive breach and rapid fall. After the site went bankrupt in March 2014, Karpelès told the public and a Japanese bankruptcy court that he had suddenly discovered that cache of 200,000 bitcoins. At present exchange rates, those are worth approximately $1.3 billion, and they comprise the majority of Mt. Gox’s remaining assets.