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Bitcoin => Bitcoin Discussion => Topic started by: gambit1 on October 27, 2015, 08:41:19 PM



Title: What is Mr Karpeles up to These Days
Post by: gambit1 on October 27, 2015, 08:41:19 PM
Its not clear to me. Is he still being questioned? Out on bail? In the clink? On a beach somewhere?

Anyone know what the deal is with Ol Mark and the Mt Gox claim situation?


Title: Re: What is Mr Karpeles up to These Days
Post by: fish731 on October 27, 2015, 08:49:37 PM
He's in Japan and been formally with embezzlement. He's probably being held on remand in a Japanese prison until his trial unless the police are still holding him in a police station for more questioning. Japanese prisons are tough places, you don't get much food, so he might look slim by the time he goes to court.


Title: Re: What is Mr Karpeles up to These Days
Post by: NorrisK on October 27, 2015, 08:51:37 PM
He's in Japan and been formally with embezzlement. He's probably being held on remand in a Japanese prison until his trial unless the police are still holding him in a police station for more questioning. Japanese prisons are tough places, you don't get much food, so he might look slim by the time he goes to court.

Probably getting what he deserved after ruining so many peoples lifes and damaging bitcoin forever with his malpractice..

Although I hope his cats have gotten a nice new home, don't think there are many bosses like him around ;)



Title: Re: What is Mr Karpeles up to These Days
Post by: RussianRaibow on October 27, 2015, 08:55:02 PM
He's in Japan and been formally with embezzlement. He's probably being held on remand in a Japanese prison until his trial unless the police are still holding him in a police station for more questioning. Japanese prisons are tough places, you don't get much food, so he might look slim by the time he goes to court.

Here is how a Japanese prison life is...

https://www.youtube.com/watch?v=yiw2NULDjKM


Title: Re: What is Mr Karpeles up to These Days
Post by: ashour on October 27, 2015, 08:57:49 PM
Before he got arrested by the Japanese authorities he was managing a server hosting startup as far as I know.


Title: Re: What is Mr Karpeles up to These Days
Post by: RussianRaibow on October 27, 2015, 09:02:05 PM
Before he got arrested by the Japanese authorities he was managing a server hosting startup as far as I know.

I think, you mean tibanne.com, the first web hosting that accepted bitcoin.


Title: Re: What is Mr Karpeles up to These Days
Post by: ashour on October 27, 2015, 09:27:34 PM
Before he got arrested by the Japanese authorities he was managing a server hosting startup as far as I know.

I think, you mean tibanne.com, the first web hosting that accepted bitcoin.

Exactly, it was tibanne.com but I think he left it before he got arrested ?


Title: Re: What is Mr Karpeles up to These Days
Post by: gentlemand on October 27, 2015, 09:34:14 PM
By the sounds of it plenty of people sit in jail until it's trial time in Japan. I guess Mr K is staring at a wall somewhere but I'm not sure he's capable of conceiving that he's done wrong.


Title: Re: What is Mr Karpeles up to These Days
Post by: Gleb Gamow on October 27, 2015, 09:53:01 PM
Before he got arrested by the Japanese authorities he was managing a server hosting startup as far as I know.

I think, you mean tibanne.com, the first web hosting that accepted bitcoin.

Exactly, it was tibanne.com but I think he left it before he got arrested ?

You can still go and "Like" Mark Karpeles' Facebook page: https://www.facebook.com/Tibanne-Co-Ltd-156355307709638/


Title: Re: What is Mr Karpeles up to These Days
Post by: Mickeyb on October 27, 2015, 10:06:10 PM
He's hugging his fat cats in a jail in Japan!


Title: Re: What is Mr Karpeles up to These Days
Post by: christycalhoun on October 27, 2015, 10:11:40 PM
Before he got arrested by the Japanese authorities he was managing a server hosting startup as far as I know.

I think, you mean tibanne.com, the first web hosting that accepted bitcoin.

Exactly, it was tibanne.com but I think he left it before he got arrested ?
He also owned kalyhost didn't he? And some other ventures too I think.


Title: Re: What is Mr Karpeles up to These Days
Post by: Meuh6879 on October 27, 2015, 10:26:01 PM
Here is how a Japanese prison life is...

https://www.youtube.com/watch?v=yiw2NULDjKM

or a long version : https://www.youtube.com/watch?v=BJp9nKaO7c4 (english subtitles, french language).


Title: Re: What is Mr Karpeles up to These Days
Post by: Blawpaw on October 27, 2015, 10:52:15 PM
I guess he is still in Japan with some law constraints inhibiting him to go out off the country. I seriously hope he rots in prison.


Title: Re: What is Mr Karpeles up to These Days
Post by: 7788bitcoin on October 27, 2015, 11:11:38 PM
Hope Mr K can get used to the life in Japan prison and lose some fat...
Even if he doesn't lose any fat, hopefully he can truly learn the 5 maxims as described in the video:

1. "Yes" with obedience
2. "Apology" with sincere regrets
3. "Gratitude" with humility
4. Benevolence and serviability
5. Thankfulness from the bottom of the heart


Title: Re: What is Mr Karpeles up to These Days
Post by: unamis76 on October 27, 2015, 11:13:04 PM
Having "fun" in jail for "misplacing" customers funds ::)


Title: Re: What is Mr Karpeles up to These Days
Post by: Meuh6879 on October 27, 2015, 11:32:19 PM
lose some fat...

correct ... in jail movie, all guy are "slim" ... but it's strange (not even a fat guy ? come one ...)


Title: Re: What is Mr Karpeles up to These Days
Post by: visual111 on October 27, 2015, 11:55:43 PM
He's in Japan and been formally with embezzlement. He's probably being held on remand in a Japanese prison until his trial unless the police are still holding him in a police station for more questioning. Japanese prisons are tough places, you don't get much food, so he might look slim by the time he goes to court.

Here is how a Japanese prison life is...

https://www.youtube.com/watch?v=yiw2NULDjKM

Wow, that looks absolutely brutal. remind me to commit no crimes in japan


Title: Re: What is Mr Karpeles up to These Days
Post by: gentlemand on October 28, 2015, 12:23:47 AM
This is a nice roundup of what to expect if you're a cheeky chappy in Japan.

http://gaijinass.com/2011/01/02/7-brutal-realities-regarding-arrest-in-japan/

I always knew they were as close as humans get to being aliens but that's a nice affirmation.


Title: Re: What is Mr Karpeles up to These Days
Post by: christycalhoun on October 28, 2015, 12:38:39 AM
This is a nice roundup of what to expect if you're a cheeky chappy in Japan.

http://gaijinass.com/2011/01/02/7-brutal-realities-regarding-arrest-in-japan/

I always knew they were as close as humans get to being aliens but that's a nice affirmation.
I would still rather be in a Japanese prison than a violent & neglectful prison in South America or the United States.


Title: Re: What is Mr Karpeles up to These Days
Post by: gentlemand on October 28, 2015, 12:45:23 AM

I would still rather be in a Japanese prison than a violent & neglectful prison in South America or the United States.

Me too but at least with certain other countries you have a chance of something approaching a fair trial. None of that rundown is remotely reassuring.


Title: Re: What is Mr Karpeles up to These Days
Post by: dunand on October 28, 2015, 02:12:18 AM
Here is how a Japanese prison life is...

https://www.youtube.com/watch?v=yiw2NULDjKM

I was picturing him doing the military walk with a Frappuccino in one hand ;)


Title: Re: What is Mr Karpeles up to These Days
Post by: 7788bitcoin on October 28, 2015, 08:02:49 AM
It is almost certain that he is still in the prison:


http://english.astroawani.com/business-news/bitcoin-ceo-spent-embezzled-funds-prostitutes-reports-78365


Title: Re: What is Mr Karpeles up to These Days
Post by: Amph on October 28, 2015, 08:15:31 AM
for how much he will remain there, for his entire life? he wasn't a usa citizens? he should be imprisoned there i think..


Title: Re: What is Mr Karpeles up to These Days
Post by: Denker on October 28, 2015, 09:25:25 AM
for how much he will remain there, for his entire life? he wasn't a usa citizens? he should be imprisoned there i think..

No he is french I believe.
But I would like to know if the US applied for extradition? And how the japanese would deal with it.Do they have extradition treaty with the US?
Because I could imagine the states want him.


Title: Re: What is Mr Karpeles up to These Days
Post by: Bitcoininspace on October 28, 2015, 09:26:12 AM
He is serving time in the Japanese prison as far as I know. Was it 5 years at least?

Should've been 1 hour for every satoshi he lost to be honest. :D


Title: Re: What is Mr Karpeles up to These Days
Post by: poncho32 on October 28, 2015, 11:30:14 AM
It is almost certain that he is still in the prison:


http://english.astroawani.com/business-news/bitcoin-ceo-spent-embezzled-funds-prostitutes-reports-78365

He's in police custody because the Japanese police arrested him again for stealing customer's money and Bitcoins. That gives them the power to hold him in their custody for a few more weeks of questioning. He's facing new charges over spending customer's money hookers too, but I'm not sure if using them is illegal or not in Japan, so he might not be charged with using them.

https://www.cryptocoinsnews.com/mt-goxs-mark-karpeles-spent-money-prostitutes-faces-new-charges/

Quote
New embezzlement charges have been filed against Mark Karpeles for moving $20 million worth of yen in client money to his bank account and spending an unspecified sum on prostitutes, reported Astro Awani in Malaysia. Karpeles already faces fraud charges for the disappearance of hundreds of millions of dollars worth of the virtual currency from Mt. Gox, the now defunct Tokyo-based exchange.Mt. Gox

Citing Yomiuri, a Japanese newspaper, Astro Awani reported Karpeles spent an unspecified sum on prostitutes while the Jiji Press news agency in Japan said the charges involve "several women whom he met at venues that offer sexual services," citing police sources.

...

Authorities arrested him again for allegedly stealing 321 million yen worth of bitcoin. This arrest extended his incarceration. Authorities indicated the new arrest allows police to detain him for several more weeks, which will give them more time to question him about the demise of Mt. Gox.


Title: Re: What is Mr Karpeles up to These Days
Post by: okae on October 28, 2015, 11:35:33 AM
Should've been 1 hour for every satoshi he lost to be honest. :D

then he will need to live 40 times to fulfill :P

seriously, from my point of view, anyone who play like he did with the bitcoins of others should pay for that hardly, btw i was wrong, i was thinking that he should be in US jail.


Title: Re: What is Mr Karpeles up to These Days
Post by: gentlemand on October 28, 2015, 11:37:46 AM
for how much he will remain there, for his entire life? he wasn't a usa citizens? he should be imprisoned there i think..

In Japan I think the absolute max for embezzlement is ten years.


Title: Re: What is Mr Karpeles up to These Days
Post by: medUSA on October 28, 2015, 12:01:37 PM
I believe his jail time is set in stone, he said that "he had intended to pay back the money" (according to the Yomiuri Shimbun newspaper). May be he is negotiating a deal if he discloses the location of the remaining embezzled bitcoin.

for how much he will remain there, for his entire life? he wasn't a usa citizens? he should be imprisoned there i think..
In Japan I think the absolute max for embezzlement is ten years.

If he did not return the embezzled money, will he also only get ten years?


Title: Re: What is Mr Karpeles up to These Days
Post by: gentlemand on October 28, 2015, 12:08:38 PM

If he did not return the embezzled money, will he also only get ten years?

Restitution is a much, much bigger deal in Japan. You can avoid jail time for certain crimes all together if you pay enough. I seriously doubt he has much of his own money but he could reduce whatever time considerably by coughing up what he has.


Title: Re: What is Mr Karpeles up to These Days
Post by: jonald_fyookball on October 28, 2015, 05:34:20 PM
I lost money on mtgox indirectly because I was forced to buy coins at $1100 to get my money out....so I was damaged too.  Serves you right you fat fuk


Title: Re: What is Mr Karpeles up to These Days
Post by: RussianRaibow on October 28, 2015, 05:39:59 PM
I lost money on mtgox indirectly because I was forced to buy coins at $1100 to get my money out....so I was damaged too.  Serves you right you fat fuk

That is why escrow based exchanges are way better that real time exchanges.


Title: Re: What is Mr Karpeles up to These Days
Post by: gambit1 on October 28, 2015, 09:32:49 PM
Oh nice one Mark, spending money people trusted to you on prostitutes. Deserves everything he gets.


Title: Re: What is Mr Karpeles up to These Days
Post by: pawel7777 on October 28, 2015, 10:24:24 PM
There are some fresh news on our beloved Bitcoin CEO:

Bitcoin CEO spent embezzled funds on prostitutes: Reports
http://timesofindia.indiatimes.com/world/rest-of-world/Bitcoin-CEO-spent-embezzled-funds-on-prostitutes-Reports/articleshow/49570125.cms

http://www.newsbtc.com/2015/10/28/shameful-bitcoin-exchange-mt-goxs-ceo-spent-stolen-funds-on-prostitutes/

http://insidebitcoins.com/news/the-party-ends-for-mark-karpeles/35536

ps. Always wondered, does he have an account on bitcointalk?


Title: Re: What is Mr Karpeles up to These Days
Post by: poncom on October 28, 2015, 10:52:51 PM
There are some fresh news on our beloved Bitcoin CEO:

Bitcoin CEO spent embezzled funds on prostitutes: Reports
http://timesofindia.indiatimes.com/world/rest-of-world/Bitcoin-CEO-spent-embezzled-funds-on-prostitutes-Reports/articleshow/49570125.cms

http://www.newsbtc.com/2015/10/28/shameful-bitcoin-exchange-mt-goxs-ceo-spent-stolen-funds-on-prostitutes/

http://insidebitcoins.com/news/the-party-ends-for-mark-karpeles/35536

ps. Always wondered, does he have an account on bitcointalk?


Yes it's called magicaltux and was last active on July 30, 2015 although his last post was two years ago. Here's his profile link where you can find all his old posts.

https://bitcointalk.org/index.php?action=profile;u=2134

He used it for customer relations in the early days after he had brought Mt Gox, which is still advertised in his signature.



Title: Re: What is Mr Karpeles up to These Days
Post by: thejaytiesto on October 28, 2015, 11:50:41 PM
It seems like he is going to have a relatively relaxing time on a Japanese prision petting cats and drinking Fuji bottled water, then once he is out he will still be rich because he most likely keep Bitcoins secretly hidden somewhere in case something happened. Maybe in a cold wallet or something.
Was cold wallets a posibility back in the day?


Title: Re: What is Mr Karpeles up to These Days
Post by: christycalhoun on October 28, 2015, 11:56:10 PM
It seems like he is going to have a relatively relaxing time on a Japanese prision petting cats and drinking Fuji bottled water, then once he is out he will still be rich because he most likely keep Bitcoins secretly hidden somewhere in case something happened. Maybe in a cold wallet or something.
Was cold wallets a posibility back in the day?
Yes they existed back then.


Title: Re: What is Mr Karpeles up to These Days
Post by: poncom on October 29, 2015, 12:23:45 AM
...
Was cold wallets a posibility back in the day?

Yes and he claimed he was using them to store most of the Mt Gox coins in. Later he claimed his cold wallets had "leaked" and he'd lost most of the coins, but that's impossible if he did a competent job when creating them. If he gets caught with secret competently created cold wallets containing Mt Gox coins there will be hell to pay.


Title: Re: What is Mr Karpeles up to These Days
Post by: TTMNewsMJ on October 29, 2015, 02:28:38 AM
Before he got arrested by the Japanese authorities he was managing a server hosting startup as far as I know.
Why is he arrested?


Title: Re: What is Mr Karpeles up to These Days
Post by: gentlemand on October 29, 2015, 02:39:57 AM

Why is he arrested?

First time around he was arrested for falsifying data on his exchange's balance sheet. Second time around it's embezzling customer funds.


Title: Re: What is Mr Karpeles up to These Days
Post by: Gleb Gamow on October 29, 2015, 07:51:23 AM

Why is he arrested?

First time around he was arrested for falsifying data on his exchange's balance sheet. Second time around it's embezzling customer funds.

Third was yesterday for using Mt Gox bitcoins deposited into his still open bank account recently to pay for blow jobs, if you've been keeping up with the news lately.