In July 2022, the Mt. Gox trustee posted an update that the trustee is “preparing to make repayments” in “accordance with the approved rehabilitation plan.”
Henslee released an informative video of the rundown of the timeline and events surrounding the infamous 1Feex Bitcoin address. He explains what happened and who he thinks is telling the truth.
Former CEO Mark Karpeles tweeted that a "commemorative NFT" would be available to anyone who could prove they were a Mt. Gox customer before it went out of business in 2014.
The U.S. judge said that ruling otherwise would result in 30,000 individual trials, following the logic of the former CEO Karpeles in suggesting the claim would be better heard in Japan.
Two prominent names in the Crypto Crime Cartel were arrested as the long overdue legal reckoning chews through prominent industry companies and individuals at the start of what is set to be a busy 2021.
Much misinformation has floated around the internet in the wake of Dr. Craig S. Wright's letters before action to Bitcoin (and its related forks) protocol developers.
The complaint alleges Mark Karpeles engaged in fraud by taking $400 million from the exchange, which he subsequently blamed on hackers.
The class action lawsuit filed in the United States against former Mt. Gox CEO Mark Karpeles will proceed as planned.
Mark Karpeles has asked a federal court to conclude a long-running lawsuit against him by dismissing the action.
The ruling, by a federal judge in Philadelphia, will now see further action brought against former Mt. Gox CEO Mark Karpeles personally.
The former head of the infamous Mt. Gox cryptocurrency exchange is back on the scene with a new idea, this time with a focus on blockchain.