The Mt.Gox Arrest Is The End Of The First Age Of Bitcoin

The Mt.Gox Arrest Is The End Of The First Age Of Bitcoin

By John Biggs The former head of bitcoin exchange Mt.Gox, Mark Karpeles, screwed a lot of early adopters. It is unclear at this point how much Karpeles allegedly lost or took, but the Japanese police are claiming he lost about $387 million while Mt. Gox was in business. While his inept management was inexcusable – according to Japan Times Karpeles apparently added millions in bitcoin to a live server… Read More

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