[2015-08-03] ET: Bitcoin exchange CEO Mark Karpeles manipulated data

[polynesia]

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.

[Amitabh S]

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.

[polynesia]

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).

[Benson Samuel]

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.