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Bitcoin Heads For Worst Week In Months As Mt Gox Payouts Loom
Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits from a long rally and been spooked by an expectation that creditors of collapsed crypto exchange Mt Gox might liquidate their payments.
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Mt. Gox Founder Mark Karpeles Given Suspended Sentence by Japan Court
The court suspended the sentence for Mark Karpeles for four years, finding the French national guilty of data manipulation but innocent on charges of embezzlement, Kyodo said.
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MoneyGram Partners With Blockchain Firm and Bitcoin-Rival Ripple
Ripple, created by the founder of Bitcoin exchange Mt Gox, has risen 31,000 percent over the past year.
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Cyber Threat Grows for Bitcoin Exchanges
This rising risk for Bitcoin holders is compounded by the fact there is no depositor's insurance to absorb the loss.
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Bitfinex Bitcoin Exchange in Hong Kong Gets Hacked
Bitfinex said it had suspended all transactions after discovering that some users' Bitcoins had been taken.
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Mt. Gox CEO Released on Bail in Embezzlement Case
It was the first time that Karpeles has been out of custody since his arrest in August following the demise of the Tokyo-based Bitcoin exchange.
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Japan Charges Bitcoin Exchange CEO With Embezzlement: Report
The charges come after Karpeles was taken into police custody in Tokyo last month over the affair.
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Bitcoin CEO's Arrest Leaves Trail of Unanswered Questions
At least one crucial question remains unanswered: where is the money?
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Mt. Gox CEO Arrested by Japan Police Over Loss of Bitcoins: Reports
France-born Karpeles, 30, is suspected of having accessed the exchange's computer system and falsifying data on its outstanding balance.
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Former CEO of Collapsed Mt Gox Bitcoin Exchange Arrested in Japan
Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations led to its spectacular collapse and hammered the digital currency's reputation.
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Fearing Return to Drachma, Some Greeks Use Bitcoin to Dodge Capital Controls
Using Bitcoin could allow Greeks to do one of the things that capital controls were put in place this week to prevent: transfer money out of their bank accounts and, if they wish, out of the country.
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US Bitcoin Exchanger Who Sold on Silk Road Gets 4 Years in Prison
Robert Faiella, 55, was sentenced by a US District Judge in Manhattan after pleading guilty to operating an unlicensed money transmitting business.
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Probed Mt. Gox CEO as Possible Silk Road Mastermind: US Agent
The US Department of Homeland Security special agent said investigators theorised Silk Road was operated in part to drive Bitcoin prices up.
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Bitcoin Exchange Kraken to Help in Mt Gox Bankruptcy
US bitcoin exchange operator Payward Inc on Wednesday said it will work on retrieving some millions of dollars lost by Tokyo-based Mt Gox, once the world's largest bitcoin exchange before it collapsed in bankruptcy this year.
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Judge Awards $40.7 Million in SEC Case Over Bitcoin Ponzi Scheme
Bitcoin Savings and Trust and its owner were ordered by a US judge to pay a combined $40.7 million after the SEC established that the company was a Ponzi scheme.
-
Bitcoin Heads For Worst Week In Months As Mt Gox Payouts Loom
Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits from a long rally and been spooked by an expectation that creditors of collapsed crypto exchange Mt Gox might liquidate their payments.
-
Mt. Gox Founder Mark Karpeles Given Suspended Sentence by Japan Court
The court suspended the sentence for Mark Karpeles for four years, finding the French national guilty of data manipulation but innocent on charges of embezzlement, Kyodo said.
-
MoneyGram Partners With Blockchain Firm and Bitcoin-Rival Ripple
Ripple, created by the founder of Bitcoin exchange Mt Gox, has risen 31,000 percent over the past year.
-
Cyber Threat Grows for Bitcoin Exchanges
This rising risk for Bitcoin holders is compounded by the fact there is no depositor's insurance to absorb the loss.
-
Bitfinex Bitcoin Exchange in Hong Kong Gets Hacked
Bitfinex said it had suspended all transactions after discovering that some users' Bitcoins had been taken.
-
Mt. Gox CEO Released on Bail in Embezzlement Case
It was the first time that Karpeles has been out of custody since his arrest in August following the demise of the Tokyo-based Bitcoin exchange.
-
Japan Charges Bitcoin Exchange CEO With Embezzlement: Report
The charges come after Karpeles was taken into police custody in Tokyo last month over the affair.
-
Bitcoin CEO's Arrest Leaves Trail of Unanswered Questions
At least one crucial question remains unanswered: where is the money?
-
Mt. Gox CEO Arrested by Japan Police Over Loss of Bitcoins: Reports
France-born Karpeles, 30, is suspected of having accessed the exchange's computer system and falsifying data on its outstanding balance.
-
Former CEO of Collapsed Mt Gox Bitcoin Exchange Arrested in Japan
Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations led to its spectacular collapse and hammered the digital currency's reputation.
-
Fearing Return to Drachma, Some Greeks Use Bitcoin to Dodge Capital Controls
Using Bitcoin could allow Greeks to do one of the things that capital controls were put in place this week to prevent: transfer money out of their bank accounts and, if they wish, out of the country.
-
US Bitcoin Exchanger Who Sold on Silk Road Gets 4 Years in Prison
Robert Faiella, 55, was sentenced by a US District Judge in Manhattan after pleading guilty to operating an unlicensed money transmitting business.
-
Probed Mt. Gox CEO as Possible Silk Road Mastermind: US Agent
The US Department of Homeland Security special agent said investigators theorised Silk Road was operated in part to drive Bitcoin prices up.
-
Bitcoin Exchange Kraken to Help in Mt Gox Bankruptcy
US bitcoin exchange operator Payward Inc on Wednesday said it will work on retrieving some millions of dollars lost by Tokyo-based Mt Gox, once the world's largest bitcoin exchange before it collapsed in bankruptcy this year.
-
Judge Awards $40.7 Million in SEC Case Over Bitcoin Ponzi Scheme
Bitcoin Savings and Trust and its owner were ordered by a US judge to pay a combined $40.7 million after the SEC established that the company was a Ponzi scheme.
