Judge Orders Mark Karpeles to Face Fraud Suit From 2014


A judge has ruled the former chief executive of defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, must face a lawsuit alleging fraud filed back in 2014. On June 16, U.S. District Judge Gary Feinerman rejected Karpeles’ motion for summary judgment, rejecting the former Mt Gox head’s assertion that the case’sRead More →

Craig Wright Is ‘Either a Thief or a Fraud’


Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin (BTC) that Dr. Wright lays claim to was stolen from the exchange in March 2011. Cryptocurrency experts side with Karpeles. Bitcoins were stolen Karpeles confirmed to Cointelegraph that the Bitcoins residing at 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF were stolen from Mt. Gox: “IRead More →

India’s PNB says detects 38 billion rupee fraud By Reuters


MUMBAI (Reuters) – India’s state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd’s account to the country’s central bank. The fraud, “alleging diversion of funds from the banking system” was being reportedRead More →