Tag Archives: mt. gox
- US jury indicts Russian behind $4B bitcoin laundering scheme
July 27, 2017
Joint U.S. and Greek authorities have arrested a Russian national who is suspected of laundering more than $4 billion through a digital currency exchange that he allegedly operated. Alexander Vinnik, 37, was indicted on Wednesday by a grand jury in the Northern District of California for operating an unlicensed money...
- Ex-CEO pleads not guilty to embezzling Mt. Gox bitcoin, cash funds
July 11, 2017
Mark Karpeles, the chief executive of the now defunct Mt. Gox bitcoin exchange, has denied the embezzlement charges slapped against him in connection with the disappearance of millions of dollars’ worth of virtual currency and cash. The 32-year-old French national filed a not guilty plea on Tuesday at the Tokyo...
- How bitcoin’s price surge may signal a reversal of fortune for Mt. Gox
June 14, 2017
One embattled bitcoin exchange is poised to reap the benefits of bitcoin’s recent advance towards record territory. Mt. Gox was once the world’s largest bitcoin exchange platform, until it filed for bankruptcy in February 2014 after it claimed to have lost more than 800,000 of its clients’ and own bitcoins,...
- Bitfinex deposit halt stokes fears of Mt. Gox-style meltdown
April 18, 2017
After experiencing delays in U.S. dollar withdrawals, digital currency exchange Bitfinex has decided to halt wire deposits. All incoming wires to Bitfinex will be blocked and refused by the exchange’s Taiwan bank partners starting April 18, 2017, the company announced on its website. “This applies to all fiat currencies at...
- Hedge funds buying Mt. Gox clients’ claims: report
February 13, 2017
At least four hedge funds in the United States and Japan have reportedly started buying claims from the more than 24,000 creditors who lost their bitcoins and cash when bitcoin exchange Mt. Gox collapsed in 2014. In May 2016, court-approved trustee Nobuaki Kobayashi announced that they have verified a total...
- Bitcoin exchanges stepping up to hasten digital currency adoption in Japank
September 30, 2016
It’s no secret that the 2014 fiasco that was Mt. Gox has caused bitcoin and other cryptocurrencies’ image to suffer, especially in Japan. Since then, however, massive efforts have been undertaken to redeem the virtual currency’s lost honor. The first step was the law passed in early May, which required...
When we say Bitcoin, we mean Bitcoin Cash
October 17, 2017
‘Game of skill’ allows users to bet on bitcoin price movements
September 1, 2017
New Japan law recognizes bitcoin as method of payment
March 31, 2017