Bitcoin Forum

The courts found Karpeles guilty of “illegally producing electronic records” in connection to Mt. Gox’s books and were given a sentence of two years and six months.

He was not found guilty of embezzlement and aggravated breach of trust.

According to the Wall Street Journal, if Karpeles remains on “good behavior” over the next four years he won’t serve prison time.

At the time of the hack, losses were pegged at 850,000 BTC—consisting of 750,000 customer bitcoins, 100,000 of the exchange’s own and worth approximately $500 million. Two hundred thousand bitcoins were later “found” by the company in an old hot wallet, bringing the number down to 650,000 BTC still lost in total.

Karpeles eventually stood trial in 2015, but not on account of the theft. Instead, he was charged with faking trading information at Mt.Gox over “several years” and embezzling $3 million in customer funds deposited with the company.

Reception to Karpeles’ sentence on social media is mixed. Some in the community are satisfied that he was “brought to justice” as the executive responsible for Mt.Gox when the exchange was hacked, while others have voiced concerns with the relatively light sentence considering the impact it had on the Bitcoin ecosystem.

This is what I have expected they found him guilty but he will not spend even an f.....g second in prison!!! This is the justice we have today. I am really mad because I have lost a lot of BTC by Mr.Gox and was sure that Karpeles would have the pleasure to bend down for soap for several years in the prison shower surrounded by horny fellow convicts.

I still believe that Karpeles has robbed Mr.Gox because he was unable to cover his crazy investments, like a bitcoin cafe. Why he faked trading info and took millions from his clients?

Many people pointed out that a few days before the hack when they offered him help with security measures (that were known by insiders to be weak) Karpeles seemed to be completely elsewhere, he could not focus and only talked about his new abstract investment the BTC cafe. He was even not prepared and has to buy a laptop from a computer store on the corner to be able to work with these guys. Imagine that he had an appointment with security specialists who were worried about the safety of his exchange and flown to Japan from another corner of the world and he even didn't take his laptop? I don't use names at purpose but these facts are easy to confirm using google search.

I want to know your opinions on that court sentence and generally the entire case of Mr.gox and Mr. Karpeles.

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https://cryptoslate.com/founder-of-hacked-bitcoin-exchange-mt-gox-mark-karpeles-sentenced-to-over-two-years/

It's pretty interesting to be rich and powerful.

If you steal a couple of fruits you will go to jail and he stole a lot more than that. I wasn't affected since i don't have much at the moment first and second i don't like exchanges but yeah that was pretty interesting to see.

Of course it is a really light sentence, really really light one.

"This is what I have expected they found him guilty but he will not spend even an f.....g second in prison!!! This is the justice we have today. I am really mad because I have lost a lot of BTC by Mr.Gox and was sure that he would have the pleasure to bend down for soap several years in the prison shower."

I am sad to hear that actually because to me this is not the kind of justice that many victims expected. Right now, those victims has no viable recourse but to respect what the court has already decided. This can be a big signal to many others in this industry to just take things normally as it can be easy to get away from unethical behaviors as long as you have the money to defend yourself. As an industry, we should be united in kicking people like this man as they are the ones destroying the name, reputation and the future we should be sharing.

Correct. That was a debt Mark could have paid back in a few months running the exchange. Both men admitted it during the Mt Gox interviews by Peter McCormac in the "What Bitcoin Did" podcast, which I highly recommend.

I see that everybody agree that this sentence is just a joke.

Literally, I know a case where a guy was sentenced two years of prison for stealing bread from the bakery.

How does this apply to the judgment of Karpeles?

If it's somehow makes you more comfortable with this outrageous sentence, bear in mind that he was serving seven months in solitary confinement, before the investigators could build the case. Japan has quite draconian pre-trail "waiting rooms" , they look like supermax prisons in the US.
I'm aware that this is nothing of an excuse, however no solid evidence of his direct involvement in a hack was found.
“The charge of electronic record tampering is true and deserves punishment, but there’s no criminal evidence of embezzlement,” the court said in final verdict. At the least his reputation is destroyed.

White collar criminals often get very lenient sentences.  Unless you screw over other wealthy rich people like Bernie Madoff they just don't care.  I'm sure the hack was an inside job and completely fabricated.  Using hack is one of the easiest excuses to get away with because its difficult to prove if you are lying.

I think the years in prison don't matter much. The sentence, though, probably shows the attitude towards crypto holders. I bet if someone robbed a bank there would not have been such mild measures under any circumstances. And here the court is telling us: should've kept your money in fiat in banks, we do give a shit about crypto investors!
Anyway, I think the judge should have fined Mark for at least half of the money people lost on the exchange and make him pay it our to former users, say, in fiat equivalent of what they lost back then. This is really unfair.

Interesting. Most people seem to underestimate the power of solitary confinement. Everyone should try forcing themselves to be shut in a room, alone, with no human contact (even online) for 2 days to see how truly devastating it is. I tried it and barely lasted a single day. Seven months must be absolute torture.

ever been to asia?
you will find that the prison cell is actually bigger than most asian hotel rooms.
asia (mainly japan) are known for their minimalist design
https://media.pri.org/s3fs-public/styles/story_main/public/photos/2013-August/capsule_hotel_1.jpg

You think that's bad? Look at the alternative:
https://images.clarin.com/2017/03/09/ByxJx8Jjx_1256x620.jpg (https://images.clarin.com/2017/03/09/ByxJx8Jjx_1256x620.jpg)
A typical "cell" in "socialist" Venezuela, yeah, you have to "share" it... Political dissident? Too bad you go in with the murderers and rapists, and you better learn their rule and become their subordinate quick, or else... Once your term ends (if you survive) you'll be part of the gang and ready to go out and kill or be killed for your new boss.

We call them crime college for a reason. Most gang leaders do "reside" inside, and you wouldn't believe what they can do with their ill gotten money... Casinos, night clubs, brothels and even jacuzzis and a zoo, but that's for them alone, the rest of the subordinates go here:
https://imagenpoblana.com/sites/default/files/noticia_img/_carcel_venezuela.jpg (https://imagenpoblana.com/sites/default/files/noticia_img/_carcel_venezuela.jpg)

If its anything like you say, being held in a "supermax"; he has been in a private suite all this time. TV? private toilet?, an actual toilet and not a hole in the ground? a bed!? You mean he won't have to fight rats and cockroaches for sleep? Hah.
BTW: That info-graphic must be ancient, not only it is hard to find CRTs, B&W CRTs vanished before the 21ist century.

Don't worry, in two years and half a new rich man will walk freely with a fortune in bitcoin. A few years in "confinement" is nothing next to a wealthy retirement...

---

Capsule hotels are heaven next to a typical hong kong cage bed:

https://i.spoonfeedz.com/images/med_5bdaf59b28f2f.jpeg (https://i.spoonfeedz.com/images/med_5bdaf59b28f2f.jpeg)

You guys live in paradise, you just don't know it...

LMAO. No. That's not a standard Asian hotel room. :D

Let me google that for you. (http://lmgtfy.com/?q=Asian+hotel+room) 8)

I know someone might disagree, but I feel pretty bad for Karp.
I think he wanted to create something valuable for the bitcoin community and it got way larger than he could manage.
He was in too deep, bitcoin prices exploded and then his product wasn't prepared for all the hacking interest.

Yeah he made some bad choices... I just feel anyone could have ended up in the same shoes.
We can only learn from Mt Gox failures...

What a ridiculous outcome. It's a real message from the courts about their attitude to the crypto investor.

So basically he's gotten away with it.

No, I'm not saying this is bad, inhumane, horrible or anything like that, although he was also interrogated for many, many hours straight.
All I was trying to say is that he was imprisoned for long time in a place that is far worse then regular jail cell.
Now imagine that Venezuelan prison but with one difference, solitude. Stone cold walls and you, nothing else but maybe droplets of water splashing here and there... I say madness in 3..2..1..

   
Unfortunately no, I wasn't lucky enough. But we cant compare honeycomb hotels, which are voluntary and usually with lot's of other guest as a company, to involuntary solitary prison cell, no matter how small.

This is not justice, this is a joke of the legal system, and it just show that we are not equal before the law. A fair punishment would be that all his property / money was taken away, and to use that to compensate users of Mt.Gox. After that he should be permanently banned for any a job related to finance. The way in which the whole case is handled just shows that justice even in Japan is slow and quite incapable to at least return that part of the money that has remained.

Those who are the most damaged will pay the highest price like always, same as in case of financial crisis 2008 - the rich have become richer, and the poor got poorer.

I think he got off pretty lightly, or extremely lightly for that matter. He has been in solitary confinement for quite some time now though I don't think that justifies what happened to his supposed sentence. White-collar criminals seem to be getting off the hook pretty lightly compared to those below the ranks of hooligans and your average thief, and Karpeles is a prime example for that. This is just saddening but what else can we do if the verdict is already out there?

I have to agree with others posters here, Karpeles can get off the hook and it looks like there's no justice. I don't know how Japanese court not find him guilty of embezzlement though, it still baffles me. Anyhow, the decision has been handed down already, and the timing though. Would you imagine him walking out in two years and coincidences when Bitcoin will then be on another bull-run? How lucky Karpeles, walking out from the jail, and walking out very rich again.

Not to get too off topic but some countries offer some dang nice prisons.
For those of you thinking he got a light sentence, please watch this short video to see some of the nicest prisons worldwide-
https://www.youtube.com/watch?v=-x3-5oXoevM

What's funny is that he isn't even getting two years in prison. It's contingent on him fucking something up in the next four years, which, if he isn't as retarded as I think he is, he's not going to do.

To be honest first thing I thought about this cell/room that is not so bad and would be fairer if Karpeles spend his prison time in conditions like in the post above where he has to fight every day not only for food but for his life. Lucky for him he was in Japan and I haven't heard anything bad about prisons in this country in last decade. So it has for a sure minimal standard like in EU and this is like on this picture:

People are living in such a bad conditions that they consider this a hotel room with badroom and TV ;).

Doubts are always in favor of the accused and I assume that was the case.

That form of torture was actually used against dissidents here, just maybe not with the droplets (maybe). At the intelligence service building they were put in a deep basement (nicknamed "The Tomb") where you could not see the sun. They called it "white torture" as everything was painted in white and they had lights and a/c 24/7 (no natural ventilation down there), where you could quickly lose the concept of time. Many were taken while protesting or doing political activities, thrown on such place for weeks without seeing anyone, no lawyer, no family, nothing (and while that happened they denied having them detained there, of course.) This has been done to foreigners too, no matter the pleads of their respective governments. At points they negotiate and "expel them", there was this American who was imprisoned two years in conditions similar to the above pictures, i remember the stir it caused in the States because he was received by President Trump at the White House. Some people decided to "confess" whatever they wanted them to confess that gave the de-facto gov some political advantage, they just couldn't take it anymore.

Yes there is also the old fashioned abuse of all kinds, beatings, etc. But sometimes they do it in excess and the victim later appears "suicided"...

I don't think Japan has such an abominable system, its just a little different. The police interrogates you, but also the prosecutor who can also do his own investigation should he deem it necessary. You also have the right to remain silent and can remain so to both the police and the prosecutor until the trial.

I have always had this thought that all these numerous exchange hacks that are going on are false and actually some are planned just to abscond with the funds of users who had their monies stored on their platform. The Mt. Gox case is a similar one and i wish they could have made him spent some time in jail to send a word of caution to other exchange team members to ensure maximum security on their exchange platforms.

His cell is quite a change from the place he used to live in while his clients were crying over lost money.
https://bitcointalk.org/index.php?topic=659422.0

A positive thing about Karpeles is that with the current price of Bitcoin they were estimating that there's going to be some money left after the victims are paid back but he said he doesn't want it.

You realize that there are high chances he will live the rest of his life in a house that will make the last one look like a shack?


He has no choice and his opinion is irrelevant since the civil rehabilitation has been approved by Tokyo's Court, he will have to cough up all BTC not only $.
But I wonder when this sage will come to an end, we just had another extension for claims, probably it will not end this year.


Because unfortunately, nobody was able to convince the judges that he is the one that hid or stolen the coins missing from the books. If the "stolen" coins and the way they went "missing" could have been traced back to him he would have been found guilty for that, but all that has been proved is that he tampered the records to cover the loses.

I'm disappointed with the outcome also but looking back on how things went, taking into account how easy is to make bitcoins disappear, how hard is to link addresses to people, I was becoming more and more sure he will get away pretty easy compared to the damage he has done. But absolutely free? I would have never thought of it.

Why should this be a joke? Karpeles never stole any of the bitcoins, and in fact MtGox was hacked way before he took charge.
The real question is why is Jed Mccaleb not in jail as he's the reason for this mess. Instead he's making billions with his Stellar scam.

Perhaps your beliefs are mistaken. The Japanese police could not prove that he stole money, though they probably wanted to. What additional proof could you have provided that would have changed the outcome?

Its a bad call from the judges, the mt. Gox case has been causing a huge effect on bitcoin, many investors losing the money and losing trust to all exchanges, but the criminal mind just got sentence for two years even got the chance to walk away, he become rich and we got the consequences, what a joke

The 650 000 BTC are small in comparison to the damage that he done to the progress and adoption of Bitcoin. Yes, it cannot be proven that he stole the coins, but there was gross mismanagement of the exchange and that caused all of the damage that was done. He should have received a harsh sentence, to put the message out there that mismanagement and a lack of implementing proper security measures, will not be tolerated in the future and people responsible for that will pay the price.

It is a slap on the wrist and a injustice, similar to what happened to the people who were involved in the near global economic collapse in 2008. {People like Jamie Dimon and his Bank buddies, who received huge bonusses as a reward for their failure}  >:( >:( >:( >:( 

How can it be a bad call if they cant really prove that he took away all the coins back then?


It was a long time ago and i doubt that it still have an effect to current investors, security features back then was really just a get go, compared today.


I also doubt that have been affected by the decision that the judges made. We dont know if he really became rich or not since his verdict is just over 2 year of imprisonment.

Common if Karpeles would be cached on a hacking his own exchange then he has to be the dumbest person in the world.
Such a person would not run one of the first and biggest crypto exchanges in the world in the first place.  

He has computer knowledge and please take a closer look at this all other "hacked" exchanges. This is like a plague and I am 100% sure that most of them are an insider job to cover the bear market and bed ICO investments loses. Especially if the hack appeared during the last year.

If this is so obvious that hackers can exploit every exchange even the best once then why there are so many exchanges out there?
Especially in the crypto boom hundreds of new once popped up. We have to assume that some of them are legal and are opened by real companies and businessmen.

Don't you think that if hackers would be such a thread then nobody in their right mind would open a crypto exchange?

This is not some secret knowledge,  one just rent a company for a security audit before exchange opening to check the code and if the result is such that there is no chance to be safe, then one don't open such a business and period.

Cold wallets, storages, secure addresses, isolated servers and what else we have not heard yet? Still, our crypto gets hacked every day on crypto exchanges.

If japan legal system want to do the right thing they should focus on paying customers back asap.  The customers were always the victims of any crime that took place.

This is the sad truth if there is no criminal evidence then everything is just suspicion in the eye of the law. If maybe a piece of evidence comes out then maybe the sentence would be a lot more than this.

This is not only the money we have lost on Mr.Gox but this incident crashed the market and people trust in BTC.

After all this, the market died for years and I personally just couldn't get back on track with crypto. I know that many other people, even famous once like Boxmining from YouTube, lost his trust and give up for a few years, like me. I have lost almost 2,5 years of crypto live. Missed ETH when it was on ICO but not only, I lost the trust and I was broke because literally all my BTC were at Mr.Gox at that time and that was 90% of my holdings. Not because I held there, no, I just wanted to sell and did it for a constant 2 days before the hack. I was just a few days too late. I was used to operate in such a manner on this exchange because this was something new for me today, I don't do such mistakes. After this BTC was expensive and I was broke. That was not the picture I have in my mind just a few weeks before the hack. You can clearly see the gap in my post history when I stopped and come back a few years later. So Mr.Gox hack f....d up not only cryptocurrencies market but many peoples lives and literally made a chain of bad events later on.

that seems doubtful at this point. analysts have been pouring over mt gox's database and blockchain data for years now and all signs point to theft on a massive scale. vinnik (the guy arrested for running BTC-E) even used his real ID documents to verify accounts used to exchange the stolen coins. see here:

https://blog.wizsec.jp/2017/07/breaking-open-mtgox-1.html
https://blog.wizsec.jp/2015/04/the-missing-mtgox-bitcoins.html
https://www.youtube.com/watch?v=l70iRcSxqzo&feature=youtu.be

what's more, it appears gox was already insolvent (to the tune of 80k bitcoins) when jed mccaleb sold it to karpeles in 2011: https://www.thedailybeast.com/behind-the-biggest-bitcoin-heist-in-history-inside-the-implosion-of-mt-gox

This is true, not only he make a huge financial loss for thousands of investors, but this event has had a significant impact on public perception about what is actually bitcoin. This is certainly shake a lot of potential investors, and even today it has a negative impact because users still wait for they money. Situation is today better in terms of security, people learn (at least some) that exchanges are only for trading, and that coins should be stored in desktop or even better in hardware wallets.

Regarding Karpeles, he does not act as a worried man at all, his life continued in a positive direction. In April 2018 he become chief technology officer for the world's largest virtual private network (VPN) service, London Trust Media (https://www.cnet.com/news/mt-gox-bitcoin-exchange-former-ceo-karpeles-lands-new-job/).

Given his expertise in past jobs, users should think twice before they use this VPN.

Well, people should know that sometimes the first product is at the same time rough simply because its team and the entire community still don't know what dangers they and the entire industry will face.

Anyway, how long he should stay in prison? The entire life? Or maybe he should get a death sentance.

No, he should give back what he has stolen!!! In the first place.


Later maybe, I don't know...        a death sentence?  ;D  ;D  ;D

There is no justice in those cases
Look what did happen to Mintpal owners.They has been sentenced for two years of prison in England.Two years if holidays after mass stealing.Nothing for that kind of financial fraud
Yet another example is Cryptsy. Cryptsy owners has stolen millions from people and nothing happen to them
During old time  it was even kind of business .Run exchange and than scream oh we are hacked.It was never any hack funds were stolen by exchange owners

Well it should be more than 2 years that's for sure given the magnitude of the "theft". Though i don't think it warrants a lifetime sentence since most of the investors' bitcoins will be paid back. Probably somewhere between 10 to 15 years would suffice.

It's an example of a white collar crime and those usually get punished very lightly. There are of course cases that were intentionally hyped and ended with extremely harsh sentences to scare off followers, like Madoff, but the majority ends with <5 year sentences. It's worth it to cheat people and run fraudulent businesses if you're ready to sacrifice a few years of your life for a few million USD. The prison diet serves Karpeles well, he looks much better than 2 years ago.

He was not the founder. And as a company, My gox was fucked since the inception. It ha many flaws and horrible security. Justice isn't good at punishment for incompetent people and company. But the market is.

McCaleb sold it to Karpeles in early 2011. That's 3 years before it collapsed. Karpeles would have been crazy not to migrate to new wallets when he transferred ownership. IIRC according to the WizSec report, the Mt Gox private keys were compromised in September 2011.

I'm not ruling out the possibility that McCaleb could have been involved in some way, just pointing out those facts...

The only truth that matters is that centralized exchanges can't be trusted, and shouldn't be trusted.

It's not worth the risk anymore. We're at a stage where buying back Bitcoin isn't a matter of spending a few thousand anymore, but hundreds of thousands, or millions in case it concerns very large traders/investors. It's one of the main reasons OTC volumes continue to increase. Dex's have seen an uptick in volume too.

Bottomline of this story, the justice system is really not fair at all because of the technicalities that they always need to look at. Ordinary crypto users are the ones who are suffering in this kind of broken system. Better take care of your investments and do your own due diligence so it will not happen to you.

Japanese judges have a 99% success rate in sentencing criminals, Karpeles is simply not a crook. He's negligient, naive (as he bought an exchange that was already insolvent) but he is being demonized for a crime he did not commit - Jed Mccaleb did.

It's the power of investor where who own more crypto asset, they can do anything.
That's can become the advantage or disadvantage on crypto but for me, as long as it's not affect to much, I can bear it.
Every people have their own tolerance actually

aren't these events inevitable though? when fidelity and bakkt are custodians for all of wall street's bitcoins, is it going to be better? what happens when they lose all the coins in their custody?

i see these custodial losses as part of a cultural learning process. most people---even most bitcoin users---don't appreciate the importance of securing their own coins.

when i got into bitcoin i was a trader first and foremost and i kept everything on exchanges. i paid dearly for it more than once and i don't make those mistakes anymore. i truly feel that people using exchanges as wallets are at fault and need to start taking responsibility for their own money. i don't believe in playing the victim. that's why i think blaming mark karpeles for the downfall of bitcoin is a cop out. bitcoin users being lazy and trusting and sending all their coins for someone else to hold is straight up bad behavior. we shouldn't keep justifying that shit. not your keys, not your coins.

I really could feel the heaviness in your heart because you have been affected as a client by Mt Gox founder's unfair trial and verdict knowing the graveness of stealing hard earned money from the people in the form of cryptocurrency. You cannot help but post here your disgust how you feel over the verdict. Those comments who are a little bit bias do not feel how it is robbed with their hard earned money.

If you go mug someone for $500, you go to jail. If you steal $500M, you don't get prison time. Such is the way of the world. Glad I didn't lose money over this (this was before my introduction to cryptos).


True. Never keep a substantial amount in them. Onlyvuse them for trading or cashing out for fiat.

yes, it is a joke! someone don't want that he is taking the responsibility for his acting in the past.

He just gambled with user funds and did nothing to safe guard the funds even with multiple warnings and by the end of the day the users lost all of their coins and their benefits for simply trusting them and depositing the amount, everyone started trading in Mt and i am sure everyone who deposited their funds during those period lost their coins and the long wait of when the funds will be returned continued till this day and he got scot-free free with a slight warning.

That is the truth, there were many shady things in the entire process, getting hacked from their hot wallet in a period of time and in the end the trustee overlooking the sale of tokens started selling in open market and that impacted the market in 2017.
 

From what I see the majority of You are against the court verdict and don't believe that Karpeles was not involved or innocent of the hack and lost of clients funds.

I just can't stand that Karpeles will be the head of a department in a big company making further his carrier and enjoy the life when hundreds of victims are left broke.


Karpeles should pay back all he has stolen especially if he can afford that. And he can from what we see above.

Any of you guys think that the verdict will be different if Mark Karpeles is tried in the USA for the same case? (embezzlement and illegal manipulation of accounting.) Just for the sake of argument, I think Mark will be given harsher punishment.

the only thing that got wrapped up here is the criminal proceedings against karpeles. the bankruptcy/civil rehab stuff is still dragging out and probably will for some time. they're still pocketing court fees and expenses from the BTC sold by the trustee.

i guess it's an unprecedented situation to have a bankrupt company that---in fiat terms---has assets far above and beyond its liabilities. it's amazing to me that 5 years later, creditors still haven't received a dime back.

If it happened in a country that doesn't suck up to the rich people then he would be put into jail asap, and then put into another place even worse. He has paid off someone for sure

The rich actually control the world economy. They all have a meeting point where they settle issues regarding fraud and how they might get their share off it. They are cabal that must be stopped. They careless about the common man on the street. This is so in many countries. My own country is classified as a failed state, even if my government does deny this.

I am 100% sure that if this trial will be in the USA then Karpeles would have to spend for sure some additional time in jail and pay back the money he has stolen at least this 3 million which were confirmed that he took from his clients.

Additionally, he should be restricted from opening a new exchange or to apply for any kind of trading license or any other regulations related to trading.

Even though the sentence is only 2 years, this time can be total nightmare for him  :)

Interesting, Ross Ulbricht was sentenced for lifetime (twice + 40 years extra) for the SilkRoad but Karpeles goes to jail for two years. He can even skip jailtime for a good attitude.. wtf.
double standards ?

apples and oranges.

drug trafficking is viewed in a much harsher light, and that's what they were trying to pin on ulbricht. it was also the first case against a darknet marketplace operator, so the feds were very intent on making a strong example of him. they even tagged on a "kingpin" charge usually reserved for drug cartel leaders.

i think the japanese prosecutors wanted to make an example of mark, but it all sort of fell apart when it became clear he wasn't embezzling money. he wasn't stealing from his clients. he was stolen from (in fact gox was insolvent when he bought it) and tried to cover it up. in the scheme of financial crimes (which are rampant in our societies) these weren't the heaviest of charges. and he already served a year inside prison while apparently being deprived of due process.

Yeah I think karpeles will have a lighter sentence then ulbricht being sentenced in japan while silk road was in the united states.
But I think they will allow him to still tweet from prison just as ulbricht has been found doing from his incarceration.
https://nakedsecurity.sophos.com/2018/08/16/silk-road-founder-ross-ulbricht-is-dictating-tweets-from-prison

Karpeles changed some records, and Ulbricht was charged like a drug kingpin. Not saying that the court was fair to Ross, but it doesn't mean Karpeles should be rotting in jail after not stealing anything. Catch the hackers and sentence them. Maybe even McCaleb - as others have said, he is the one who let the exchange get hacked.

The rich as they say hardly go to jail, and in one way or the other, that has happened in this case, his sentence is a pretty weak one and I really wonder why, I think those who are rich have a way or two in circumventing justice than those from the down side

Ross Ulbricht was convicted because there was evidence, and as much I would love to see Karpeles spend time in prison till the last BTC will be mined there was none to accuse him of stealing.
And even if he was convicted for that, you can't really compare the two charges, if we go like this even El Chapo can't be convicted of anything, the crimes, the drug deals etc, etc were done by his men, I doubt he was selling joints behind a 7eleven.

If you want to compare two similar cases, then there is Madoff with 150 years, but again, there was proof.

I remember before when he came out of jail looking like a completely different person after losing a ton of weight while in was in there.

tbh that's one of the mitigating factors here for me. he was imprisoned for many months while being deprived of any due process whatsoever. he was forced by interrogators into a confession which he denied the moment he was released from prison. the guy lost 1/3 of his body weight in a year which really suggests overly harsh conditions considering he was never on hunger strike. it seems very clear that he was flagrantly mistreated in prison and i don't think we as human beings should stand for that shit just because we're angry that people lost coins.

this shit really makes me question the humanity of the japanese legal system. considering mark wasn't stealing from customers and he was fucked from the day he bought gox (it was at least 80k BTC insolvent when he bought it), it seems really inhumane to cheer on the idea of more prison time for him. i think karpeles has been to hell and back in the past 5 years already.

gox customers are taking out their anger on karpeles, but 1. they shouldn't have been using gox as a wallet and that's their fault, and 2. they should be directing anger at the actual thieves---look to vinnik, the btc-e admins, etc for that.

You're right with what you said but for the current accusation he was convicted by the court him and he was later found not guilty of the charges. However, he received a suspended jail sentence of two and a half years.

I don't think you have read my first post in this thread.

This is just hilarious that you will blame people for holding few cryptocurrencies on Mr.Gox and find Karpeles not guilty and fill sorry for him because he lost weight when in prison.

This is good for him and he will be healthier because was too dick in first place. People pay to lose weight. Karpeles can consider this as a bonus.

why do you think it's okay that people use bitcoin exchanges as wallets? that defeats the entire purpose of bitcoin. why do you keep defending idiots like this? take responsibility for your own money! seeing someone rot in prison isn't going to get it back lol.

it also seems you don't believe in basic human rights---not surprising given your lynch mob mentality. most of the basis for their embezzlement case was fabricated, based on a forced confession after refusing him legal counsel or due process. unsurprisingly, prosecutors were unable to prove their case. yet here you are like so many others, cheering for imprisonment like an angry mob, repeating that he embezzled money and robbed his customers. based on what?

do you plan to keep storing your coins on exchanges? and when they get hacked, you're gonna keep rallying up like a lynch mob and cheering for someone to be imprisoned for maybe a hundred years or maybe put to death? maybe you'd prefer a public execution so the masses can enjoy watching the owner suffer and bleed to death?

and what's that going to accomplish? it sure as hell isn't gonna get your coins back......

that's the law. who usually always side with those who have money, so it's not surprising that criminals can always find ways to fool the law, if we have a lot of power or money then the law can be bought.

No, I never said that this is ok to keep your money on the exchange but there are/where hundreds of people like me, who just wanted to buy or sell a larger amount of cryptocurrencies and made the mistake, and deposited to Mr.Gox during the time of the hack.

Mr.Gox was aware of the hack long before they announce that and didn't warn customers to avoid deposits or to withdraw as soon as possible.
No, they kept deposits open and shut down withdrawals which is a shady behavior and made only to scam more people.

I don't believe in basic human rights? Stop to spread false information sucked from the finger.

Karpeles case was fabricated? So are you saying that Karpeles didn't steal 3 million $ from customers and made up trading books to hide this?
Are you Karpeles shill that you defend him so hard to even made up some facts?

Where you even affected with this hack on Mr.Gox? I assume no.

Additionally, from your writings, I see that you are such an altruist that even if you would lose your life savings by Mr.Gox then no matter what, you would keep supporting Karpeles and the court sentence for sure. ;) I would like to see this.
Broke, with 2 additional jobs, in-depth after all these years but still supporting Karpeles because he loses weight (when in prison) and was forced to confession after refusing him legal counsel or due process.

Of course, the case was fabricated, as you say and Karpeles is not guilty at all. You know that you are the only one in this thread with such an opinion.
Don't you think that so many people can't be wrong?

(1) He faced trial in the strictest jurisdiction in the world and no evidence was found that he stole 3 million.
(2) Altruism and losing money has nothing to do with sentencing a man for a crime he did not commit.
(3) Having lost money in MtGox gives you no right to want innocent people in jail. Maybe you should focus your anger at Jed McCaleb and the hackers instead?

4  ???
5  :o
6  ;D