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Karpeles Beats Embezzlement Charges in Mt Gox Ruling

The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.

Per reports in the Wall Street Journal, the court’s verdict is a massive blow to Japanese prosecutors who have maintained their stance that Karpeles was guilty of embezzlement and…

Cryptopia Could Open by March 4 as Officials Hint at Sums Lost in Hack

Hacked New Zealand cryptocurrency exchange Cryptopia will reopen for business on Monday next week, officials confirmed on social media on Feb. 26.

In a series of updates, Cryptopia revealed its two founders would be returning to the company to help spearhead operations following an overhaul of its structure.

Police formally granted permissionfor trading to resume in mid-February, but a…