Many resent knowing Director Bitcoin exchanges cash account manipulation


SUBMITTED BY: taurus

DATE: July 19, 2016, 3:51 a.m.

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  1. Many people were outraged when the news CEO Exchange virtual currency Bitcoin Mt. Gox, Mark Karpeles was arrested for allegedly manipulating the cash account.
  2. Executive Director Information Exchange virtual currency Bitcoin Mt. Gox, Mark Karpeles arrested for allegedly manipulating the cash account is digusting Bitcoin user community worldwide. Japanese Police are investigating for alleged Karpeles has access to the computer system virtual currency transactions and balances doubled in his own account of up to US $ 1 million.
  3. MT. Gox is based in Tokyo and is the largest virtual currency trading platform in the world. The case began in May 2/2014, as the company claims 850,000 Bitcoin, worth more than $ 450 million at that time is gone. Karpeles CEO then explained that hackers attacked news stolen most of the Bitcoin client.
  4. However, to March 3/2014, which means that only one month after filing for bankruptcy, the company asserts MtGox has recovered 200,000 Bitcoin.
  5. Japanese police are currently investigating whether the Bitcoin-related lost the account of former CEO Karpeles increased or not.
  6. Virtual amount Mt. Gox announced still lost 650,000 remaining Bitcoin, which accounted for 7% of Bitcoins in circulation worldwide.
  7. If the investigation concludes guilty, Karpeles could face 5 years in prison sentence and $ 4,000 fine .

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