{"id":37141,"date":"2019-03-13T14:31:28","date_gmt":"2019-03-13T13:31:28","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=37141"},"modified":"2019-03-13T14:48:56","modified_gmt":"2019-03-13T13:48:56","slug":"breaking-mtgox-ceo-faces-court-verdict-in-3-days-is-this-the-end-of-the-story","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/breaking-mtgox-ceo-faces-court-verdict-in-3-days-is-this-the-end-of-the-story\/","title":{"rendered":"Breaking: MtGox CEO Faces Court Verdict in 3 Days. Is This The End of the Story?"},"content":{"rendered":"
The Mt. Gox case could be close to concluding one of the most significant stages of a 5-year odyssey. According to Channel News Asia<\/a>, the Japanese court in charge of the trial is expected to issue a verdict on Karpeles\u2019 innocence or guilt this Friday.<\/p>\n <\/a>Karpeles faces up to 10 years on charges of faking digital data and embezzling millions of dollars. In case of being found guilty, it is very probable that this Friday we all learn about the penalty that awaits him. The Court should subtract the five years him has already served in a Japanese prison while awaiting sentencing from his sentence.<\/p>\n During the entire trial Mark Karpeles, 33, has pleaded not guilty. Statements collected by the media during the trial portray a Karpeles convinced of his innocence but aware of the difficulty of proving it.<\/p>\n \u201cI swear to God that I am innocent … Most people will not believe what I say. The only solution I have is to actually find the real culprits.\u201d<\/p><\/blockquote>\n Mark Karpeles was CEO of MtGox, the most important crypto exchange during 2014, handling over 70% of the total Bitcoin trading volume by the time. In February 2014 the firm lost 850000 Bitcoin (BTC)<\/a> in strange circumstances.<\/p>\n Shortly after, Karpeles published a post<\/a> on the Exchange website saying he \u201cfound\u201d 200000 Bitcoin (BTC) in an \u201cold-format\u201d cold wallet.<\/p>\nMtGox and The Bitcoin (BTC) Tragedy: From “Hack” to “Embezzlement”<\/h3>\n