Bitcoin Jailbird Released

Note from the Publisher:  The founder of the collapsed Mt. Gox bitcoin exchange has been released on bail after 10 months.  Despite the hype around this unfortunate incident, there are still many reputable players in the rapidly expanding field of digital currencies.

“Mt Gox CEO Mark Karpeles has been released on bail 10 months after being charged with embezzlement, according to a Japanese media report.

Karpeles was charged in September amidst an investigation into the collapse of Mt Gox, the now-defunct bitcoin exchange that, at its height was the most voluminous bitcoin exchange in the world. 

Mt Gox collapsed in early 2014 after it was revealed that the exchange had lost hundreds of millions of dollars in customer bitcoin.”

Read Full Article at Coindesk

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