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Trendon Shavers, a Texas based individual has pleaded guilty to the charges of running a bitcoin Ponzi scheme. He was accused of defrauding investors by encouraging them to invest bitcoins...
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There has been a new development in the Mt Gox case after Japanese prosecutors decided to charge Mark Karpeles for embezzlement. The charges were filed earlier today after over a...
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Mark Karpeles, the CEO of now defunct bitcoin exchange Mt Gox has been in the news since his arrest. He was arrested on suspicion of embezzlement, misuse of funds belonging...
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Mt Gox has gone down in the pages of bitcoin history as a great disaster, equivalent to the fall of the city of Pompeii in Roman history. The CEO of...
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We don’t know whether the Japanese consider the money in their bank accounts as their property or not, but the Japanese court doesn’t really think so. According to a recent...
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The Japanese investigators, who are looking into the role of Mark Karpeles’ role in the downfall of now defunct Mt Gox bitcoin exchange seems to have stumbled up on one...
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The CEO of now defunct infamous bitcoin exchange, Mt Gox is now accused of misusing over $8.9 million in customers’ deposits. Mark Karpeles was arrested in Tokyo last Saturday over...
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The world’s biggest exchange at one time Mt. Gox was a Japanese company that went broke due to various factors including mismanagement, lax security and fraud/ theft. Bitcoin has come...
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One of the federal agents implicated for the theft of bitcoins during Silk Road investigation has confessed of his wrongdoings and agreed to plead guilty. Everybody who considers themselves to...