You are here

Japan police arrest MtGox CEO over loss of bitcoins: media

mtgox801.jpg
Japanese police on Saturday arrested Mark Karpeles, CEO of the collapsed MtGox bitcoin exchange, over the loss of nearly US$390 million worth of the virtual currency, local media said.

[TOKYO] Japanese police on Saturday arrested Mark Karpeles, CEO of the collapsed MtGox bitcoin exchange, over the loss of nearly US$390 million worth of the virtual currency, local media said.

Mr Karpeles is suspected of having accessed the computer system of the exchange and of falsifying data on its outstanding balance, Kyodo News and public broadcaster NHK said.

AFP

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom