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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