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Mt Gox Creditors Petition the Court to Get Full Distribution of Bitcoins
Within the cryptocurrency community, the Mt Gox legal proceedings have been a very topical subject with a court case that has been dragged out for four years. Now a group of creditors are pleading with...
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CEO of Korean Exchange Coinnest among Four Arrested for Fraud
South Korean police have arrested four high-ranking representatives of two cryptocurrency exchanges, including Coinnest’s CEO. They were detained on arrest warrants issued after a fraud investigation,...
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South Korea’s Largest Crypto Exchange Upbit Under Investigation for Fraud
The largest cryptocurrency exchange in South Korea, Upbit, is suspected of fraud and is currently under investigation. The prosecutors have conducted searches at the exchange and confiscated computers...
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Arrest Warrants Issued to Employees of South Korean Crypto Exchange
Arrest warrants have reportedly been issued to three employees of a small South Korean cryptocurrency exchange, including its representative director. The three are “suspected [of] fraud and...
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Former Mt. Gox CEO Could Face 10 Years in Jail Over Embezzlement
Japanese prosecutors are seeking a 10-year jail term for Mark Karpeles, the former CEO of Mt. Gox. The embattled Frenchman, who has been previously accused of diverting company money for prostitutes,...
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Former Mt Gox CEO Reflects on Incarceration in Japan While Facing More Prison...
The infamous Mark Karpeles, former CEO of the now defunct bitcoin exchange Mt Gox, appeared in an exposé interview on Monday and publicly discussed how he tolerated Japanese jail. Karpeles explained...
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Lebanese Protestors Gather at Central Bank as Financial Lockout Continues
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the...
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French Businessman Detained for Stealing €1.2 Million in Crypto From His...
An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is...
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Coinbase Processed $500,000 in Bitcoin Payments That Helped Ex-Nissan...
Coinbase processed $500,000 in bitcoin payments that aided the dramatic escape of former Nissan Motor Co. chairman Carlos Ghosn from Japan, according to Bloomberg. In December, two Americans used a box...
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