Business 31 July 2019

Mark Karpeles ordered to face Mt. Gox class action lawsuit in US

The ruling, by a federal judge in Philadelphia, will now see further action brought against former Mt. Gox CEO Mark Karpeles personally.

Business 10 July 2019

Fortress Group to buy Mt. Gox creditors’ claims at $900 per BTC

Fortress group wants to relieve the long pain and suffering of Mt. Gox creditors by buying their claims out cheap.

Business 27 June 2019

New lawsuit accuses Mt. Gox founder of fraudulent misrepresentation

Jed McCaleb is being sued for “fraudulent” and “negligent” misrepresentation contributing in part to losses suffered by Mt. Gox users.

Business 6 June 2019

Mt. Gox head Mark Karpeles back with new business idea

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.

Business 26 April 2019

Mt. Gox trustee postpones deadline for filing civil rehabilitation

Nobuaki Kobayashi, who was appointed to oversee the handling of compensation claims against the company, said he had applied to a court in Tokyo to revise the deadline for filing.

Business 25 April 2019

Mt. Gox Files to reimburse creditors

Mt. Gox creditors, after many years of waiting, look like they might finally be getting paid.

Business 30 April 2019

Coinlab reportedly holding out for $15B from Mt. Gox, threatening payouts

CoinLab wants $15 billion in damages over the failure of the exchange and is demanding another $1.12 billion be paid each year.

Business 10 April 2019

Mt. Gox legal advocate resigns, says process could take two more years

Andy Pag, the head of Mt. Gox Legal, resigned from his post, telling the creditors that he would step down at the end of the month.

Business 5 April 2019

Mt. Gox has made decisions over rehabilitation, creditors can appeal

Decisions have been made for thousands of Mt. Gox claimants, but many won’t be happy with what the judge has decreed.

Business 1 April 2019

Former Mt. Gox CEO appeals conviction for data manipulation

Mark Karpeles will appeal the court decision that found him guilty of charges relating to data manipulation.

Business 29 March 2019

Japanese prosecutors give up on appeal against Mt. Gox CEO

Anyone still hoping Mark Karpeles would spend time behind bars got some bad news recently, as it appears Japanese prosecutors have finally given in.

Business 21 March 2019

Trustee publishes next steps over $263M for Mt. Gox creditors

Trustee Nobuaki Kobayashi announced the amount secured for creditors stands at $623 million, slightly down from the figures discussed at the first creditors' meeting.