Breaking: MtGox CEO Faces Court Verdict in 3 Days. Is This The End of the Story?

2019-3-13 16:31

The Mt. Gox case could be close to concluding one of the most significant stages of a 5-year odyssey. According to Channel News Asia, the Japanese court in charge of the trial is expected to issue a verdict on Karpeles’ innocence or guilt this Friday.

Karpeles faces up to 10 years on charges of faking digital data and embezzling millions of dollars. In case of being found guilty, it is very probable that this Friday we all learn about the penalty that awaits him. The Court should subtract the five years him has already served in a Japanese prison while awaiting sentencing from his sentence.

During the entire trial Mark Karpeles, 33, has pleaded not guilty. Statements collected by the media during the trial portray a Karpeles convinced of his innocence but aware of the difficulty of proving it.

“I swear to God that I am innocent … Most people will not believe what I say. The only solution I have is to actually find the real culprits.”

MtGox and The Bitcoin (BTC) Tragedy: From “Hack” to “Embezzlement”

Mark Karpeles was CEO of MtGox, the most important crypto exchange during 2014, handling over 70% of the total Bitcoin trading volume by the time. In February 2014 the firm lost 850000 Bitcoin (BTC) in strange circumstances.

Shortly after, Karpeles published a post on the Exchange website saying he “found” 200000 Bitcoin (BTC) in an “old-format” cold wallet.

In 2015, an investigation by the Japanese cybersecurity firm WizSec concluded that “most or all of the missing bitcoins were stolen straight out of the Mt. Gox hot wallet over time, beginning in late 2011.

The evolution of the events led the authorities to accuse Karpeles of playing a direct part in the loss of the Bitcoins. In statements for Asian media, Satoshi Mihira, chief attorney at Mizuho Chuo law firm explained that a hack directs investigations to find the perpetrator of the crime while embezzlement directs investigations towards Karpeles as the main suspect.

“If it was an outside hacker who stole the currency, it’s a problem. But if he stole even part of the money, it would be embezzlement …

His defense counsel needs a high level of evidence to win an innocent verdict,”

The situation is quite complex for Karpeles: Not only was it virtually impossible for him to present the evidence necessary to clean his image of any doubt, but there is also a “tradition” in the Japanese courts of having a high conviction rate (some speak of a 99% chance of being found guilty).

This being the most likely scenario, the defense is expected to appeal the verdict.

The post Breaking: MtGox CEO Faces Court Verdict in 3 Days. Is This The End of the Story? appeared first on Ethereum World News.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Odyssey (OCN) íà Currencies.ru

$ 4.8E-5 (-0.06%)
Îáúåì 24H $12.975k
Èçìåíåèÿ 24h: -0.01 %, 7d: -4.21 %
Cåãîäíÿ L: $4.8E-5 - H: $4.8E-5
Êàïèòàëèçàöèÿ $0 Rank 5241
Öåíà â ÷àñ íîâîñòè $ 0.002524 (-98.1%)

court story breaking verdict mtgox days faces

Èñòî÷íèê: ethereumworldnews.com

court story → Ðåçóëüòàòîâ: 45


Ôîòî:

Facebook memos show reluctance to prevent 5-year-olds from making accidental purchases

New Facebook documents revealed yesterday shows the company’s attitude towards children spending their parents’ money to be flippant at best… and gross at worst. We first began to hear rumblings about these documents and what they reveal about Facebook and gamer kids last week, when Reveal from the Center for Investigative Reporting showed snippets.

2019-1-26 02:21


Ôîòî:

Bitcoin theft victim sues AT&T for $224M after SIM-swap bungle

Nicolas Truglia, the infamous cryptocurrency con-man already arrested for stealing $1 million in digital assets, is now being sued for a further $81 million by another one of his victims. Court documents allege Truglia worked with a crew of 25 unnamed individuals to steal $24 million in cryptocurrency from Michael Terpin, an early Bitcoin investor, reports the Register.

2019-1-17 16:45


Ôîòî:

The real-life Pinkertons take issue with their inclusion in Red Dead Redemption 2

Take-Two Interactive, the parent company of Red Dead creator Rockstar Games, is duking it out in court with the Pinkerton Detective Agency — yes, they still exist, apparently. The Pinkerton Detective Agency, who appear in fictional form in Red Dead Redemption 2, issued a cease-and-desist letter to Take-Two, asking for royalties for the use of its name.

2019-1-15 21:42


Australian BitConnect boss hit with asset freeze and travel ban

Australian authorities have frozen the assets of BitConnect promoter John Bigatton, as international investigations into the world’s biggest cryptocurrency Ponzi scheme continue. As per request by the Australian Securities and Investments Commission (ASIC), the federal court also issued Bigatton with a travel ban, reports the Sydney Morning Herald.

2019-1-8 14:24


Ôîòî:

Cryptocurrency fraudster faces 5 years in prison for selling fake ICOs

A Brooklyn-based businessman turned cryptocurrency huckster faces up to five years in prison for orchestrating two monstrously phony initial coin offerings (ICOs) last year. Maksim Zaslavskiy, a former institutional developer and “businessman,” plead guilty to two counts of conspiracy to commit securities fraud before a New York district court yesterday, reports FinanceFeeds.

2018-11-16 14:18


Ôîòî:

#Metoo (sort of)

When the #metoo movement began, I wrote an article, yelled on social media, and attended my local Women’s March. Satisfied with my contribution, I placed my attention elsewhere. And then our elected representatives confirmed a man for the US Supreme Court who, without even taking into account his guilt or innocence, has no place seated on that tribunal.

2018-11-13 03:03


Ôîòî:

Metoo, sort of…

When the #metoo movement began, I wrote an article, yelled on social media, and attended my local Women’s March. But that’s it. I assumed that this problem would take care of itself. And then our elected representatives placed a man on the US Supreme Court who, without even taking into account his guilt or innocence, has no place seated on that tribunal.

2018-11-13 03:03


Bulgarian officials took Bitcoin bribes to issue passports to Ukrainians

Two Bulgarian government reps have been arrested on allegations of accepting bribes in Bitcoin in return for illegitimately issuing Bulgarian identity documents to foreign individuals. Court files claim the accused, both of whom held management positions in the National Agency for Bulgarian Citizens Abroad, have been illegally receiving payments to issue documents, according to local outlet NOVA.

2018-11-2 19:03


This Day in Deals: 50% off a printer so you can create your own smut

This Day In Deals is our new section where we share a historical fact and the day’s best deal – and try to connect them. The aim? To enrich ourselves financially, and you spiritually. With smut galore available in the internet’s every crevice, it’s strange to imagine a world where books – yes, books filled only with boring, boring words – were controversial.

2018-11-2 13:26


Ôîòî:

US man faces 5 years in prison for unlicensed trading of over $3.2M in Bitcoin

An American man has fessed up in front of federal court judges, pleading guilty for operating an “unlicensed money transmitting business. ” A Department of Justics (DoJ) published a press release yesterday that details how Jacob Burrell Campos has been selling “hundres of thousands of dollars in Bitcoin to over 1,000 customers” across the United States.

2018-10-30 16:22


Ôîòî:

Call of Duty crime syndicate suspected of stealing $3.3M in cryptocurrency

Recently unsealed court documents allege a pair of Call of Duty gamers were key in the success of an aggressive online crime syndicate that stole at least $3. 3 million in cryptocurrency. An FBI affidavit details the active roles played by two individuals, from Dolton and Bloomington Illinois, in an intimidating hacking campaign that saw hundreds of mobile phones accessed using stolen names, phone numbers, and other information, the Chicago Sun Times reports.

2018-10-23 13:05


‘Devil’s Triangle’ Wikipedia entry edited by anonymous Congressional staffer during Kavanaugh hearing

Supreme Court nominee Brett Kavanaugh today met with the Senate Judiciary Committee to discuss allegations of sexual assault and attempted rape. His accuser, Christine Blasey Ford, testified before members of the committee to tell her story, one that included allegations that Kavanaugh, then a high school student, drunkenly fondled her before attempting to remove her clothes.

2018-9-28 01:20


Ôîòî:

Apple says teen who hacked its network didn’t compromise customer data

Seeking to reassure customers after the news of repeated breaches of its network broke yesterday, Apple said that no user data was compromised in the attacks, reports Reuters. The statement follows the 16-year-old Melbourne-based student’s appearance in court: according to statements by his lawyer, he had broken into Apple’s mainframe multiple times over the course of a year, and downloaded 90GB of files.

2018-8-17 09:19


Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru