Crypto investors are hopeful that Mt Gox’s bitcoin sell-off will be halted until September

REUTERS/Toru Hanai Last week the trustees of bust bitcoin exchange Mt Gox said they had sold $ 400 million of bitcoin since the end of last year. Bitcoin investors blamed the large sell orders for a slump in bitcoin’s price at the start of the year. Many investors believe Mt Gox’s trustees can’t sell any […]

CEO who presided over Mt. Gox’s collapse could end up with massive profits

Enlarge / French national Mark Karpelès, former CEO of collapsed Bitcoin exchange Mt. Gox, attends a press conference after his first hearing in Tokyo on July 11, 2017. (credit: QUENTIN TYBERGHIEN/AFP/Getty Images) Despite the fact that he oversaw the period when Mt. Gox went from the world’s largest Bitcoin exchange to a bankrupt and damaged […]