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Mt. Gox Working With Japanese Cops; Creditors Want CEO To Testify In US

Posted by timothy on from the somewhere-someone-is-on-the-beach-with-a-margarita dept.

jfruh (300774) writes "The latest developments in the sad saga of Mt. Gox's missing bitcoins: the exchange has announced that it's working with Japanese police to try to determine who (if anyone) stole the bitcoins entrusted to Mt. Gox, resulting in the company's collapse. There are serious doubts as to Japanese law enforcement's abilities to deal with the technical issues involved. Meanwhile, Mt. Gox creditors [have rejected] Mt. Gox CEO Mark Karpeles offer to testify in their lawsuit against him from Taiwan, and have demanded that he come to the United States."

3 of 62 comments (clear)

  1. Japan and technology by Anonymous Coward · · Score: 5, Funny

    There are serious doubts as to Japanese law enforcement's abilities to deal with the technical issues involved.

    It's well known Japanese are technically illiterate and that Japan is a third world country with no tecnical expertise.

  2. Re:Yeah right... by i+kan+reed · · Score: 5, Funny

    Point of fact: he ran a bank that lost a whole bunch of people's money. If he comes here for trial, he'll probably get a bail out and a bonus.

  3. Re:Yeah right... by gstoddart · · Score: 5, Insightful

    Point of fact: he ran a bank that lost a whole bunch of people's money.

    Point of fact: he ran something which people think looks like a bank, but wasn't.

    This is more along the line of a private company offering to hold onto your money for you.

    --
    Lost at C:>. Found at C.