[2017-11-20]Mark Karpeles Is Going To Revive Mt Gox Through ICO

[Vialaia]

The infamous founder of what was once the largest trading platform Mt Gox, Mark Karpeles, is going to revive the cryptocurrency exchange. To do this, he said, the amount of $ 245 million is required. Karpeles wrote this in his blog.

Among the possible ways of raising funds, the founder of the infamous Japanese cryptocurrency exchange calls the recapitalization, issue of shares, as well as conducting initial coin offering (ICO)...

Read more https://bit.news/eng/mark-karpeles-going-revive-mt-gox-due-ico/

[matuson]

I think it is impossible to step twice into the same river. In cryptocurrency market a lot of scams. Therefore, all users are very careful to choose the object for investment. The founder of the project should have an impeccable reputation for people to believe him. It seems to me that that ICO is doomed to failure.

[TraderTimm]

Anyone who trusts Mark Karpeles with their money deserves to lose it.

I say, go ahead. Make Gox 2.0 and suck in all the idiots who are too stupid to understand history.

Its a lesson worth learning.

A fool and their money are lucky to get together in the first place.

[Kprawn]

Mark Karpeles has already burned that bridge. Nobody will ever trust him, even if he was found not guilty. Once bitten, twice

shy.... or something like that. You do not get a lot of second chances when you operated a service where people lost millions.

The MtGox hack nearly cause Bitcoin to fail back then. A lot of the people who got burned, trashed Bitcoin's reputation on

every platform they could get their hands on. MtGox made a lot of enemies. 

[InvoKing]

Mark Karpeles trying to escape and close definitely the Gox disaster. With the actual Bitcoin price, he can pay everyone and keep a good amount tho.
For the ones that will follow the Gox (coin maybe?), do not come and cry later.

[1Referee]

Mark Karpeles doesn't need to seek for capital with so many stolen coins in his personal reserve. Oh, that's right, that exchange got hacked, damn.

Anyone who trusts Mark Karpeles with their money deserves to lose it.

That also goes up for anyone still making use of Bitfinex after everything that happened. It's just a matter of time before we see Bitfinex implodes with severe consequences for all people involved, and even this market since Bitfinex is the major USD nominated exchange again. US citizens however will not suffer from Bitfinex's eventual downfall due to them being excluded recently. People see that as a bad thing, but they will be very thankful later that they have been ditched by Bitfinex. Bitfinex + Tether is a combination that can never end well - a proper guarantee for failure.

[pixie85]

Mark must be dreaming if he thinks people will fall for this again.
Everybody is itching to send their money to a guy who likes paying whores with company money, buying apartments when his business is dying, and lying to investors.
He's a good liar and a guy that not only allowed his company to be robbed but did it himself. Isn't he a great CEO material?

[BitHodler]

This con artist should never be able to do something with crypto again, which is something the far majority of the people will directly agree with. It's mind boggling how he thinks to gain back people's trust.

That being said, if we look at the sheer number of delusional people pumping their hard earned cash into all sorts of ICOs without hesitation, I am quite sure that they will ride this by Mark Karpeles hosted ICO out as well.

And I do agree with what TraderTim has said, anyone trusting money to this con artist deserves to lose it. It may sound harsh, but this isn't a playing field for idiots who can't calculate risks based on actual facts.

[darkangel11]

His name is tainted, he shouldn't be running a crypto company ever again. If I were an investor and saw that Karpeles is the CEO I wouldn't put my money in there and advise everyone to stay away. He could get in as an investor or a partner but never again as a CEO. He's a liar and a thief that can't be trusted. It's one thing to go bankrupt but another to know that you're bankrupt and keep smiling and sipping frappuccinos till they drag you out in handcuffs.