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US Court Freezes Assets of Mt. Gox CEO

Posted by Unknown on from the should-have-stuck-to-magic-cards dept.

jfruh writes "Mt. Gox has managed to enter court-protected bankruptcy in the United States, but Gregory Greene, who lost $25,000 in the bitcoin company's collapse, has convinced a court in Chicago to freeze the assets of Mt. Gox CEO Mark Karpeles and two companies associated with him. 'Money is moving around as we speak, bitcoins are moving around accounts associated with Mt. Gox,' said Greene's lawyer. 'Something is not right so we urgently need to get to the bottom of this quickly.'" The Mt Gox stole the missing bitcoins theory.

3 of 132 comments (clear)

  1. Interesting parallel by Anonymous Coward · · Score: 5, Interesting

    In Japan, MtGox is not liable because bitcoins aren't money (i.e. nothing real was lost).

    1. Re:Interesting parallel by Lendrick · · Score: 5, Interesting

      It would be a delicious irony if people were able to recover some of their lost value due to government regulations.

  2. Parallels! by Thanshin · · Score: 5, Funny

    So they printed fake money, convinced people it was real, got the people's money, said they lost it, but actually were stealing it, and now they are saying they don't have money while moving money to private accounts?

    If they had a flag they'd be a government.