http://www.japantimes.co.jp/news/2017/07/10/national/crime-legal/mt-gox-ceo-mark-karpeles-braces-bitcoin-trial-japan/#.WWNS2mjTXIUThe former CEO of collapsed bitcoin exchange Mt. Gox will go on trial in Tokyo next week on charges stemming from the disappearance of hundreds of millions of dollars worth of the virtual currency from its digital vaults.
“He is keeping calm as the trial gets underway,” his lawyer Kiichi Iino said, adding that Karpeles, 32, plans to plead innocent.
Karpeles was first arrested in August 2015 and released on bail nearly a year later over allegations he fraudulently manipulated data and pocketed millions worth of bitcoins.
“The charges only cover a subset of the issues which were happening at Mt. Gox, so I don’t expect that we will find out most of the information we want to know,” said Kolin Burges, a British investor who said he lost several hundred bitcoins in the exchange’s collapse.