In a move that perhaps epitomizes the current market climate of Bitcoin and altcoins, the US Federal Government seized the domain name belonging to BTC-e.
There were more bizarre aspects of the BTC-e and Mt. Gox hacking incident and the report of WizSecurity, which were not highlighted.
BTC-e is in line for a $110 mln fine from the US as it defiantly predicts a return to the market in “5-10 days.”
According to a report revealed by the U.S. Department of Justice, formal charges against Alexander Vinnik are waiting for him on American soil. It seems Vinnik has many money laundering related charges against him and the exchange he allegedly operated — the long standing bitcoin exchange called BTC-e. Also Read: Greek Authorities Arrest Suspected BTC-e Mastermind ‘BTC-e […]
CoinDesk takes a look at new developments in the Mt Gox case, attempting to provide an easy-to-read overview of the complex events. Source
Sources including WizSecurity, bitcoin journalist Kyle Torpey and bitcoin pioneer Charlie Shrem have revealed that a Russian man arrested by Greek authorities for laundering $4 billion through bitcoin exchange BTC-E, is the chief suspect in the Mt. Gox theft which led to a total loss of $2.21 billion. WizSecurity, the original source referred by Kyle […]
The Bitcoin and altcoin market keep exhibiting a high level of volatility, suggesting easy manipulation by a minute segment of participants as the case currently may be. …
Mark Karpeles admitted to prosecutors the so-called ‘Willy Bot’ existed and traded at Mt. Gox.
The trial of Mt Gox CEO Mark Karpeles took a turn today with the embattled executive pleading ‘not guilty’ to charges. Source
The chief executive of the now-defunct bitcoin exchange Mt Gox is set to appear in court this week. Source
Disgraced Mt.Gox CEO Mark Karpeles’ trial for charges of embezzlement and data manipulation begin this week with the high-flying Frenchman expected to plead not guilty.
Next week the notorious Mt Gox CEO, Mark Karpeles, will be going to trial for the missing bitcoins lost on the exchange back in 2014. 850,000 BTC was removed from Mt Gox trading platform, and later Karpeles allegedly found 200,000 BTC kept in cold storage. Karpeles will face the Japanese court’s decisions concerning the rest […]
On June 8 the U.S. House Financial Services Subcommittee on Terrorism and Illicit Finance discussed the possible connection between cryptocurrencies and criminal activity. The hearing also revealed law enforcement officials know the “destination” of the missing 650,000 BTC lost during the Mt Gox insolvency. Also Read: Global Bitcoin ATM Proliferation Nearly Doubled During May Missing […]
Bitcoin exchange Mt. Gox former CEO Mark Karpeles says “no clear answer” on creditors refund issue.
On May 10 Bitcoin.com reported on how bitcoin’s price rise is slowly bringing the Mt Gox bankruptcy closer to solvency. The former CEO of Mt Gox Mark Karpeles confirmed that the price was helping, but the Coinlab lawsuit was a significant deterrent. Now Karpeles has written an open letter to Coinlab’s founder Peter Vessenes asking […]