Kraken was founded in 2011 by Jesse Powell while visiting his friend Roger Ver in Tokyo to deal with the aftermath of an early security breach at Mt. Gox exchange.
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.
"Bring down the banks" has become a mantra in some corners of the industry, but what few talk about is just how many security breaches really happen in the industry and how unsuitable the sector is to replace traditional banking.
The Mt. Gox trustee has announced in a letter that the rehabilitation plan he filed in Tokyo court last February is now final and binding.
The trustee for the defunct Mt. Gox exchange has confirmed that creditors approved the plan that will eventually see over $9B paid out in the long-running digital currency saga.
It doesn’t really matter what exchange wallet that you might be keeping your BSV on today because one of the things that came from the fallout of the Mt. Gox collapse was the rise of custodians.
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.
In a “Notice of Release of Online Voting Function,” the court-appointed trustee Nobuaki Kobayashi has invited creditors to consider and vote for the plan, should it meet their approval.
With the defendants in Dr. Craig Wright’s Stolen Coin case being served this week, more details about the lawsuit have emerged.
Roman Sterlingov, the Russian-Swedish citizen suspected of being the administrator of Bitcoin Fog, was charged with his involvement in laundering some 1.2 million BTC over the period.
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.