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Solving the world's largest bitcoin heist
"Imagine someone stole everything in your store and you reported the crime to the police," says Nobuyasu Ogata, defense lawyer for Mark Karpeles. Karpeles, 33, is the former CEO of Mt. Gox, once the largest bitcoin exchange in the world. "A year later," Ogata says, ...
Bitcoin's sudden, puzzling surge propels it above $5,000, as other cryptocurrencies rally
Bitcoin climbed suddenly Tuesday to the highest level since November, leading a surge in virtual currencies and ending three months of calm in the $160 billion market. Traders struggled to pinpoint a reason for the rally, which increased the value of digital assets tracked by ...
Mark Karpeles, who headed Mt. Gox, a Japan-based bitcoin exchange that went bankrupt after a massive hack, is appealing his conviction on charges of manipulating electronic data. Karpeles' lawyer Nobuyasu Ogata said Friday his client was just trying to reduce risks for Mt. Gox users. The ...
Mark Karpeles gets a suspended term for data manipulation related to the scandalous disappearance of 850,000 bitcoins in 2014 but is found not guilty of embezzlement.
Tripling in value of Binance Coin, the cryptocurrency of the hour, echoes bitcoin's glory days
The cryptocurrency boom appears to be alive and well for Binance, the world's largest digital-asset exchange by trading volume. One of the hottest coins right now is the Malta-based exchange's eponymous token, Binance Coin, which has more than tripled in value in the last three ...
An 18-year-old boy was referred to prosecutors Thursday for allegedly stealing about ¥15 million ($134,300) worth of cryptocurrency last year by hacking a digital currency storage website, police said. The case is the first in Japan in which criminal charges have been pursued against a ...
The former high-flying head of collapsed bitcoin exchange Mt. Gox will learn his fate Friday as a Tokyo court hands down its verdict on charges of faking digital data and embezzling millions of dollars. Prosecutors have called for a 10-year jail sentence for French-born Mark ...
Cases of money laundering linked to cryptocurrency in Japan up tenfold in 2018
Cryptocurrency can be transferred largely anonymously, with police saying that in some cases virtual currency was used to pay for illegal drugs or child pornography.
JPMorgan Chase on Thursday unveiled a prototype for a digital coin system using blockchain, a first among major banks as disruption accelerates change in financial services. The system, called JPM Coin, which for now is only at the prototype stage and for business-to-business deals, would ...
Coincheck wins approval to run cryptocurrency exchange a year after massive theft
About a year after a massive digital heist that shocked the cryptocurrency industry around the world, Japan's financial watchdog gave Coincheck Inc. the green light Friday to officially run a virtual currency exchange. Following the Coincheck hacking case in late January that cost the Tokyo-based ...
6,000 cryptocurrency laundering cases reported to Japanese police from January to October
Nearly 6,000 cases of suspected money laundering linked to cryptocurrency were reported to police in the January to October period, National Police Agency officials said Thursday. The figure is more than eight times higher than the 669 cases reported from April to December last year. ...
'Summer Davos' in China casts spotlight on technological advances beyond Silicon Valley
The award-winning virtual reality film "Tree" offers a rare multisensory experience of becoming a rainforest tree from a seedling in just 15 minutes. Reading a short speech into a microphone analyzes your voice and tells who you are — your sex, height, skull type, ...
