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Japan charges Bitcoin exchange CEO with embezzlement

February 2nd, 2016 | by BTC News

Japan charges Bitcoin exchange CEO with embezzlement
He had come to Japan to work for a web development company in 2009 and later got involved with the Bitcoin exchange. Backers say virtual currencies provide an efficient and anonymous way to store and transfer funds online. But critics argue the lack of …
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MtGox bitcoin chief Mark Karpeles arrested in Japan
Japanese police have arrested the CEO of the failed company MtGox, which was once the world's biggest exchange of the virtual currency, bitcoin. Mark Karpeles, 30, is being held in connection with the loss of bitcoins worth $ 387m (£247m, €351m) last …
Read more on BBC News

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