[2015-08-02] ET: MtGox Bitcoin CEO 'misused customer funds

[polynesia]

MtGox Bitcoin CEO 'misused customer funds'

http://economictimes.indiatimes.com/news/international/business/mtgox-bitcoin-ceo-misused-customer-funds-japanese-media/articleshow/48316068.cms

Mark Karpeles, the head of the collapsed MtGox Bitcoin exchange who was arrested in Tokyo, is facing fresh allegations that he misused $8.9 million in customers' deposits, Japanese media reported Sunday.

French-born Karpeles, 30, was arrested on Saturday after a series of fraud allegations led to the Tokyo-based exchange's spectacular collapse last year and hammered the digital currency's reputation.