Bitcoin Company CEO Arrested in Japan


mt. gox bitcoinThe CEO of bitcoin exchange company Mt. Gox was arrested Saturday in Japan over the loss of a “massive amount” of his company’s bitcoin. 

Mark Karpeles is suspected of falsifying data in the exchange’s computer system to change the outstanding balance, a charge he previously told the Wall Street Journal was “false.”

Mt. Gox became the target of hackers last February and stopped investors from accessing money. Read more at CNN.



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