Mark Karpales, the former CEO of scandal-hit Bitcoin trading emporium Mt. Gox, has been arrested by Japanese police. They suspect he had something to do with the disappearance of hundreds of millions of dollars in Bitcoin.
Just a few days after reports emerged that the infamous Mt Gox meltdown was an inside job, one of the biggest, oldest,and most trusted bitcoin exchanges — Bitstamp — just went offline after a security breach. Bitcoin exchanges come and go all the time, but this is different. Bitstamp is…
The failed bitcoin exchange Mt Gox has given up on its plan to rise from the ashes under bankruptcy protection. Instead, according to the Wall Street Journal, it has asked a Tokyo court for permission to be liquidated.