MtGox

Bitcoin hits $15,000 for first time, jumps over 50% in just one week

The rally came just a day after the virtual currency, which has been used to buy everything from an ice cream to a pint of beer, hit the $12,000 mark for the first time, while it has soared more than 50 percent in value in just one week.

Dec 07, 2017, 16:13 PM IST

CEO of this company spent embezzled funds on prostitutes

The head of collapsed Bitcoin exchange MtGox was facing fresh embezzlement charges

Oct 29, 2015, 12:54 PM IST

Japan charges Bitcoin exchange CEO with embezzlement

Japanese prosecutors said Friday that they have charged the head of collapsed Bitcoin exchange MtGox with embezzlement, amid fraud allegations over the disappearance of hundreds-of-millions-of-dollars-worth of the virtual currency.

Sep 11, 2015, 12:58 PM IST

Bitcoin: Key facts you should know

Bitcoin is a virtual currency that is created from computer code. Unlike a real-world currency like the US dollar or the euro, it has no central bank and is not backed by any government.

Sep 11, 2015, 12:30 PM IST

Collapsed Bitcoin exchange boss faces $2.6 mn theft claim

The former head of MtGox reportedly faced fresh criminal charges today over allegations he stole USD 2.6 million from clients, as police questioned him about hundreds of millions of dollars worth of missing Bitcoins.

Aug 21, 2015, 14:42 PM IST

Bitcoin exchange CEO to face new criminal allegations: Media

France-born Mark Karpeles, 30, was taken into custody in Tokyo this month over claims he manipulated data to artificially create about USD 1.0 million worth of the digital money.

Aug 20, 2015, 18:15 PM IST

Bitcoin exchange CEO to face new criminal allegations

Japanese police will re-arrest the CEO of collapsed Bitcoin exchange MtGox on theft allegations, reports said Thursday, as he faces questions over the disappearance of hundreds of millions of dollars worth of the virtual currency.

Aug 20, 2015, 09:54 AM IST

Japanese police arrest CEO of MtGox Bitcoin exchange

Japanese police on Saturday arrested Mark Karpeles, head of the MtGox Bitcoin exchange, after a series of fraud allegations lead to its spectacular collapse and hammered the digital currency's reputation.

Aug 01, 2015, 14:33 PM IST