Declaration of Robert Marie Mark Karples

[Frankie]

Filed in the N.D.Texas Bankruptcy Court.

http://www.scribd.com/doc/212477228/Karpeles-Declaration

Clearly, the bitcoin liabilities aren't being counted at anything like their true market value, if at all. I understand that this is what was declared in Japan as well.

[TheFootMan]

Clearly, the bitcoin liabilities aren't being counted at anything like their true market value, if at all. I understand that this is what was declared in Japan as well.

That's sneaky,and I would think illegal as well?

[vayvanne]

Karpeles makes small tip to investigator and becomes richier for half a billion. Simple plan

[Xtib]

Thanks for that link.

I am not sure any of Mark's filings( debtor-in-possession status, restraining order) would hold up in court if challenged.

It is very clear that on Feb. 23, 2014, as Mark was filing bankruptcy documents, Mark was transferring our assets internationally to his cohorts at the Bitcoin foundation.

The court in Japan had taken Mark on his word that he is trying to protect his creditors rights and needs "breathing room" to reorganize and make his creditors whole again.

In the same breath, Mark used the registrar , 1API GmbH, to transfer www.bitcoinfoundation.org to his buddies in the US.  Subsequently, Mark's connection to the Bitcoin foundation was erased and hidden from the courts in Japan and the US. What are they trying to hide?

We do not know how many of our bitcoins were transferred along with the domain name to the Bitcoin foundation. I believe the US courts would have the right to freeze all assets of the Bitcoin Foundation based on Mark's actions to subvert the bankruptcy proceedings..
I also think, if alerted,  that 1API GmbH would find that their T.O.S were violated and reverse the ownership of the domain name bitcoinfoundation.org back to court controlled authorities.

Just some ideas to think about.

Xtib

[leopard2]

How does it work in a bankruptcy if the counterparty owes you, say, foreign exchange, stocks or commodities?

I would say, no matter what it is in USD; M.K. owes Bitcoins; at which price he procures them is his problem.

Maybe he could be an organ donor? 

[Bit_Happy]

Thanks for that link.

I am not sure any of Mark's filings( debtor-in-possession status, restraining order) would hold up in court if challenged.

It is very clear that on Feb. 23, 2014, as Mark was filing bankruptcy documents, Mark was transferring our assets internationally to his cohorts at the Bitcoin foundation.

The court in Japan had taken Mark on his word that he is trying to protect his creditors rights and needs "breathing room" to reorganize and make his creditors whole again.

In the same breath, Mark used the registrar , 1API GmbH, to transfer www.bitcoinfoundation.org to his buddies in the US.  Subsequently, Mark's connection to the Bitcoin foundation was erased and hidden from the courts in Japan and the US. What are they trying to hide?

We do not know how many of our bitcoins were transferred along with the domain name to the Bitcoin foundation. I believe the US courts would have the right to freeze all assets of the Bitcoin Foundation based on Mark's actions to subvert the bankruptcy proceedings..
I also think, if alerted,  that 1API GmbH would find that their T.O.S were violated and reverse the ownership of the domain name bitcoinfoundation.org back to court controlled authorities.

Just some ideas to think about.

Xtib

I'm interested in seeing this amount of detail related to a criminal case, not just bankruptcy court.
How soon will Mark be put in jail?

[flyable]

Thanks for that link.

I am not sure any of Mark's filings( debtor-in-possession status, restraining order) would hold up in court if challenged.

It is very clear that on Feb. 23, 2014, as Mark was filing bankruptcy documents, Mark was transferring our assets internationally to his cohorts at the Bitcoin foundation.

The court in Japan had taken Mark on his word that he is trying to protect his creditors rights and needs "breathing room" to reorganize and make his creditors whole again.

In the same breath, Mark used the registrar , 1API GmbH, to transfer www.bitcoinfoundation.org to his buddies in the US.  Subsequently, Mark's connection to the Bitcoin foundation was erased and hidden from the courts in Japan and the US. What are they trying to hide?

We do not know how many of our bitcoins were transferred along with the domain name to the Bitcoin foundation. I believe the US courts would have the right to freeze all assets of the Bitcoin Foundation based on Mark's actions to subvert the bankruptcy proceedings..
I also think, if alerted,  that 1API GmbH would find that their T.O.S were violated and reverse the ownership of the domain name bitcoinfoundation.org back to court controlled authorities.

Just some ideas to think about.

Xtib

bitcoinfoundation.org is transferred to Gavin.
bitcoin.it is transferred to Theymos.
Bitcoins are stolen.
User data is for sale.
We are waiting for the anouncements...

[TheFootMan]

Don't go so hard on Mark. He probably wrote those private keys on a paper napkin, and the cat just thrashed it. Mark's not too blame!!!

"To ensure the safety of all future bitcoin projects paper napkins for all purposes will hereafter be prohibited in any facility associated with any and all computer use pertaining to, but not limited to official computer screen gawking and office equipment handling. A new announcement to announce a new postphone of an annoucement will happen soon™!"

- CEO of GoxFraud, Mark Karpeles

[bryant.coleman]

How soon will Mark be put in jail?

I don't think that will ever happen. Rich people never go to jail. And we are talking about someone, who is having $400 million worth of Bitcoins. The Japanese authorities have proved themselves to be notoriously inept. The only chance to bring Karpeles before the law, is to take him to the United States. Seems like that too is not going to happen anytime soon.

[Bit_Happy]

How soon will Mark be put in jail?

I don't think that will ever happen. Rich people never go to jail. And we are talking about someone, who is having $400 million worth of Bitcoins. The Japanese authorities have proved themselves to be notoriously inept. The only chance to bring Karpeles before the law, is to take him to the United States. Seems like that too is not going to happen anytime soon.

If the coins are actually lost/unavailable, then how is he paying for food, hotel rooms and a bodyguard?
Since he is (if he is) a thief, then he needs to go to jail....I know "the system" has major issues.

Rich people never go to jail.
Yes they do sometimes go to jail:

[haploid23]

So this was actually legit. I got an email straight from mtgox with a PDF attachment, I didn't open it assuming it was another embeded trojan to steel wallets.

Finally, first time the sleaze bag is dealing with US courts. This is way overdue.