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MtGox News

07 Dec 2017

Bitcoin hits $15,000 for first time, jumps over 50% in just one week

The rally came just a day after the virtual currency, which has been used to buy everything from an ice cream to a pint of beer, hit the $12,000 mark for the first time, while it has soared more than 50 percent in value in just one week.

Bitcoin exchange

29 Oct 2015

CEO of this company spent embezzled funds on prostitutes

The head of collapsed Bitcoin exchange MtGox was facing fresh embezzlement charges

11 Sep 2015

Japan charges Bitcoin exchange CEO with embezzlement

Japanese prosecutors said Friday that they have charged the head of collapsed Bitcoin exchange MtGox with embezzlement, amid fraud allegations over the disappearance of hundreds-of-millions-of-dollars-worth of the virtual currency.

11 Sep 2015

Bitcoin: Key facts you should know

Bitcoin is a virtual currency that is created from computer code. Unlike a real-world currency like the US dollar or the euro, it has no central bank and is not backed by any government.

Japanese police

21 Aug 2015

Collapsed Bitcoin exchange boss faces $2.6 mn theft claim

The former head of MtGox reportedly faced fresh criminal charges today over allegations he stole USD 2.6 million from clients, as police questioned him about hundreds of millions of dollars worth of missing Bitcoins.

Bitcoin exchange

20 Aug 2015

Bitcoin exchange CEO to face new criminal allegations: Media

France-born Mark Karpeles, 30, was taken into custody in Tokyo this month over claims he manipulated data to artificially create about USD 1.0 million worth of the digital money.

Japanese police

20 Aug 2015

Bitcoin exchange CEO to face new criminal allegations

Japanese police will re-arrest the CEO of collapsed Bitcoin exchange MtGox on theft allegations, reports said Thursday, as he faces questions over the disappearance of hundreds of millions of dollars worth of the virtual currency.

01 Aug 2015

Japanese police arrest CEO of MtGox Bitcoin exchange

Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations lead to its spectacular collapse and hammered the digital currency's reputation.

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