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Title: [2015-08-03] ET: Bitcoin exchange CEO Mark Karpeles manipulated data Post by: polynesia on August 04, 2015, 04:09:29 PM Bitcoin exchange CEO Mark Karpeles manipulated data dozens of times
http://economictimes.indiatimes.com/news/international/business/bitcoin-exchange-ceo-mark-karpeles-manipulated-data-dozens-of-times-report/articleshow/48327799.cms Mark Karpeles, the head of defunct Bitcoin exchange MtGox, manipulated its computer system at least 30 times over a couple of years, a report said Monday, as Tokyo promised greater efforts to regulate the digital currency. The fresh allegation against France-born Karpeles, 30, follows his arrest Saturday by Tokyo police, more than a year after the once-dominant exchange collapsed in the wake of fraud allegations. Title: Re: [2015-08-03] ET: Bitcoin exchange CEO Mark Karpeles manipulated data Post by: Amitabh S on August 05, 2015, 03:02:51 AM Very interesting! So did he manipulate the MySQL tables directly and add funds to his account? Someone had accused MK of doing the exact same thing 3 years ago.
Title: Re: [2015-08-03] ET: Bitcoin exchange CEO Mark Karpeles manipulated data Post by: polynesia on August 06, 2015, 12:15:33 AM Apparently he spent customer funds of $9Mn. This is small change when compared to the value of the bitcoins that disappeared (half a billion dollars at the time the story broke).
Title: Re: [2015-08-03] ET: Bitcoin exchange CEO Mark Karpeles manipulated data Post by: Benson Samuel on August 06, 2015, 10:26:06 AM Very interesting! So did he manipulate the MySQL tables directly and add funds to his account? Someone had accused MK of doing the exact same thing 3 years ago. I remember seeing an address with those funds. So either he took out funds and replaced on tables, or something else has to come up that we not yet aware of. |