Mt.Gox Bitcoin Exchange CEO Arrested by Japanese Police

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Remember Mt.Gox? Once the world’s largest Bitcoin exchange…

…then in early 2014, Tokyo-based Mt.Gox Bitcoin exchange filed for bankruptcy saying it lost some 8,50,000 Bitcoins (worth $64 Million) to hackers and suddenly went dark with no explanation.

Last Friday, Mark Karpeles, the former CEO of the collapsed Mt.Gox, was arrested by Tokyo Metropolitan Police in connection with the

Source: Mt.Gox Bitcoin Exchange CEO Arrested by Japanese Police