Bitcoin sinks after hackers steal $65 million from exchange

Aug 3, 2016

Bitcoin sinks after hackers steal $65 million from exchange

Bitcoin plunged after one of the largest exchanges halted trading because hackers stole about $65 million (¥6.6 billion) of the digital currency. Bitcoin slumped 5.3 percent against the dollar as of 10:17 a.m. on Wednesday in Tokyo, bringing its two-day drop to 13 percent. ...

Jul 15, 2016

Karpeles released on bail in bitcoin embezzlement case

Mark Karpeles, head of the collapsed Mt. Gox bitcoin exchange, was released on bail Thursday after his arrest in August 2015 over the alleged theft of ¥341 million of clients’ money. The Tokyo District Court approved the ¥10 million bail of French-born Karpeles, 31, ...