Last Updated: Friday, September 11, 2015, 12:58
Japanese prosecutors said Friday that they have charged the head of collapsed Bitcoin exchange MtGox with embezzlement, amid fraud allegations over the disappearance of hundreds-of-millions-of-dollars-worth of the virtual currency.
Last Updated: Friday, September 11, 2015, 12:30
Bitcoin is a virtual currency that is created from computer code. Unlike a real-world currency like the US dollar or the euro, it has no central bank and is not backed by any government.
Last Updated: Thursday, August 20, 2015, 18:15
France-born Mark Karpeles, 30, was taken into custody in Tokyo this month over claims he manipulated data to artificially create about USD 1.0 million worth of the digital money.
Last Updated: Sunday, August 2, 2015, 13:57
Mark Karpeles, the head of the collapsed MtGox Bitcoin exchange who was arrested in Tokyo, is facing fresh allegations that he misused $8.9 million in customers` deposits, Japanese media reported Sunday.
Last Updated: Saturday, August 1, 2015, 14:33
Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations lead to its spectacular collapse and hammered the digital currency's reputation.
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