John McAfee vows to unmask bitcoin pioneer Satoshi Nakamoto within days
John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken with bitcoin creator Satoshi Nakamoto and plans to reveal the person's identity shortly. The background of Nakamoto — a pseudonym that is thought to refer to a person ...
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, ...
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.
Prosecutors have sought a 10-year prison term on charges of embezzlement for the former CEO of Mt. Gox Co., once the world's largest bitcoin digital currency exchange, officials announced Wednesday. Prosecutors told the Tokyo District Court that Mark Karpeles, 33, "diverted company funds for such ...
Mt. Gox creditors get new avenue in years-long attempt to recover bitcoin losses
Things may be looking up for creditors of Mt. Gox, which was the world's biggest bitcoin exchange before going in flames after saying thousands of bitcoins had disappeared. The Tokyo District Court on Friday approved the start of civil rehabilitation proceedings, meaning the bankruptcy process ...
Coincheck hacked in ¥58 billion cryptocurrency heist, four years after Mt. Gox
Tokyo-based cryptocurrency exchange discloses it had lost about ¥58 billion ($532 million) worth of its holdings, sending clients into a panic.
Bitcoin's surge little comfort for burned Mt. Gox clients in international legal limbo
When Mt. Gox, the world's largest bitcoin trading exchange, collapsed in early 2014, more than 24,000 customers around the world lost access to hundreds of millions of dollars' worth of cryptocurrency and cash. More than three years later, with the price of bitcoin skyrocketing to ...
The boom in cryptocurrencies and their underlying technology is becoming too big for central banks, long the guardian of official money, to ignore. Until recently, officials at major central banks were happy to watch as pioneers in the field progressed by trial and error, safe ...
Bitcoin exchange operator arrested amid new questions about Mt. Gox theft
Ever since Tokyo-based bitcoin exchange Mt. Gox filed for bankruptcy in February 2014, investigators have been puzzled by the disappearance of virtual currency worth hundreds of millions of dollars from its digital vaults. Mt. Gox, which claimed it once hosted around 80 percent of bitcoin ...
Honesty is the best policy for lost property
Last month, I withdrew some money — ¥100,000 to be precise — from an ATM near Tokyo's Shibuya Station. I was on my way to a meeting and was in such a hurry that, while remembering to grab my bank card and receipt, I completely ...
Cryptocurrency exchanges under attack, risking repeat of Mt. Gox debacle
When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cybertheft — the second largest by an exchange since hackers took roughly $350 million in bitcoins at Tokyo's ...
Bitcoin operators await regulation in Japan amid push for legitimacy and widespread use
Bitcoin operators are keenly watching the Diet as it deliberates bills to regulate the currency, believing the legislation is key to regaining the public trust's in the virtual tender and luring more players to the industry. The bitcoin phenomenon fell under a cloud following the ...
