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Author Topic: Mark Karpeles on bail  (Read 1584 times)
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July 15, 2016, 01:26:16 PM
 #21

Hold your pitchforks on that point.

In the US at least, most people don't usually pay their own bail. You use a bail bondsman who loans you money for the bail and, presumably, comes and breaks your kneecaps if you don't make payments on the loan or skip down on your bail. They'll sometimes take the title on some property of yours to secure the loan.

I assume the situation is no different in Japan.

Wrong, there are no bail bondsmen in Japan. At least there weren't when I was stationed there. My wife's (married her while stationed at kadena okinawa) brother was arrested. The application he had his attorney submit to apply for bail cost $3,000 back then. It's probably $5,000 today. He also needed to pay the bail in full before he was released. Karpeles not only has a shitload of money at his disposal but must have someone he trusts on the outside helping him.

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July 15, 2016, 01:28:47 PM
 #22

I'll admit...the skeptic in me immediately thought "OK whose palms did he grease to get out of jail so quickly?"
which was immediately followed by "I wonder what scam he'll start up next?"

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July 15, 2016, 01:45:55 PM
 #23

There are people on Reddit wanting to do an AMA with him. His Reddit username is "magicaltux". Maybe if enough people demand it, we can do an AMA and listen to his own version of how things went.
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July 15, 2016, 02:42:01 PM
 #24

I didn't expect to see Karpeles released that soon. However since it's just a release on bail, he might soon be under custody again. It would be interesting to know when his trial will take place and what sentence can be expected. If I had to guess, I'd interpret his release on bail as an indication that the expected time of imprisonment will be limited to less than 5 years. 

Judging by his looks, at least his recent time of imprisonment has not been a relaxing experience...

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July 15, 2016, 02:48:50 PM
 #25

Plot twist: Maybe the Japanese government will hire him as a consultant to fight cryptocurrency crime? Remember the movie "Catch me if you can?" He is the best person who knows everything about how these crimes work!
More like the movie "Now you see me.."  they robbed banks in that movie and got away with it in the end without any reprecussions whatsoever. The sorry of his life .. I guess  Undecided

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July 15, 2016, 03:31:38 PM
 #26

There are people on Reddit wanting to do an AMA with him. His Reddit username is "magicaltux". Maybe if enough people demand it, we can do an AMA and listen to his own version of how things went.

Most of the questions and comments will be negative and insulting, if you look at the anger out there towards him. It would also not be a good thing for him to comment on things that needs to be

answered in a court of law. His legal representation would advise against that, until the final verdict was given on his case. I too want to hear his part of the story, but I think we are going to have to

wait a couple of years for that.  Roll Eyes

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July 15, 2016, 07:36:22 PM
 #27

There are people on Reddit wanting to do an AMA with him. His Reddit username is "magicaltux". Maybe if enough people demand it, we can do an AMA and listen to his own version of how things went.

Most of the questions and comments will be negative and insulting, if you look at the anger out there towards him. It would also not be a good thing for him to comment on things that needs to be

answered in a court of law. His legal representation would advise against that, until the final verdict was given on his case. I too want to hear his part of the story, but I think we are going to have to

wait a couple of years for that.  Roll Eyes

I don't expect he will be in Japan long enough to ever get a final verdict. If he doesn't immediately get on a boat and leave Japan then he's a bigger idiot than everyone thinks he is.

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July 15, 2016, 07:57:35 PM
 #28

Was he in Japanese prison? Looks like he's been on a diet of rice and fish this whole time. I hope he has hired some good body guards.
Its hard to admit after what he done, but he is looking really good Smiley. Prison serve's him well :|. No frapuccino and candy's doin its job
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July 15, 2016, 10:53:45 PM
 #29

He kinda looks like Seth Rogan now

Guess we found the lead for the movie

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July 15, 2016, 11:30:36 PM
 #30

Hold your pitchforks on that point.

In the US at least, most people don't usually pay their own bail. You use a bail bondsman who loans you money for the bail and, presumably, comes and breaks your kneecaps if you don't make payments on the loan or skip down on your bail. They'll sometimes take the title on some property of yours to secure the loan.

I assume the situation is no different in Japan.

Wrong, there are no bail bondsmen in Japan. At least there weren't when I was stationed there. My wife's (married her while stationed at kadena okinawa) brother was arrested. The application he had his attorney submit to apply for bail cost $3,000 back then. It's probably $5,000 today. He also needed to pay the bail in full before he was released. Karpeles not only has a shitload of money at his disposal but must have someone he trusts on the outside helping him.

Thanks for info. The US system is very unusual. There's nothing similar in Europe or Africa. And I guess that even in America, where a loan is possible, it would take a very substantial collateral to get $100K. So the man's far from broke!

I used to be a citizen and a taxpayer. Those days are long gone.
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July 15, 2016, 11:49:47 PM
 #31

He looks like they worked him hard in jail to get rid of that gut and fat face of his. If you didn't say that was him I wouldn't have recognized him in a crowd. I think that is why he lost all that weight or they didn't have doughnuts and slushies in the big house.  Tongue

I guess he is also happy that many people can't recognize him anymore. He can just further undergo some slight cosmetic surgeries, change a name and happily spending the huge fortune ever after! I think he must have used some brainwallets to keep all the coins!
Why don't you ask him yourself  Smiley

He is on the forum:
https://bitcointalk.org/index.php?action=profile;u=360819

He can't change his name on here  Cheesy
Because no mater how many cosmetic surgeries you have - on this forum you are always going to be the same.  Grin

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July 15, 2016, 11:52:06 PM
 #32

He is unrecognizable.
If it weren't for the news reports, I wouldn't have been convinced that the man in the pictures is Mark Karpeles.  Grin


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July 16, 2016, 11:03:52 PM
 #33


MK is back on Twitter

https://twitter.com/magicaltux/status/754216485740875776
Quote
@TECHNSAVE No idea of even what the current price is, nor do I really care for now. Did you guys even work out that block size thing?

LOLed

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July 19, 2016, 10:26:30 PM
 #34


MK is back on Twitter

https://twitter.com/magicaltux/status/754216485740875776
Quote
@TECHNSAVE No idea of even what the current price is, nor do I really care for now. Did you guys even work out that block size thing?

LOLed

Well, so we know he wasn't getting the news when in jail, but it shows how bad the community has been. The block size issue which was making the news more than one year ago still hasn't been solved. I guess M.Karpeles is very disappointed. Like we all.

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July 19, 2016, 11:15:17 PM
 #35

If anyone is surprised about any of the news, why didn't Mt. Gox's existence surprise you in the first place? All thought concerning Bitcoin exchanges should be accompanied by the following question: how is this thing still open for business? (with probably different answers, depending on the exchange)

I once naively believed that the Japanese political establishment must be helping Mt Gox and/or Karpeles, and it was certainly pretty obvious in the implosion aftermath that someone at Gox with help from friends in the Japanese banking system had disappeared the paper trails for huge sums of money. And with the gradual emergence of Roger Ver as an anti-Bitcoin shill, the picture becomes much clearer (after Roger lent his voice to Gox to keep the ponzi going a little longer).

Vires in numeris
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July 19, 2016, 11:20:17 PM
 #36

Hold your pitchforks on that point.

In the US at least, most people don't usually pay their own bail. You use a bail bondsman who loans you money for the bail and, presumably, comes and breaks your kneecaps if you don't make payments on the loan or skip down on your bail. They'll sometimes take the title on some property of yours to secure the loan.

I assume the situation is no different in Japan.

Wrong, there are no bail bondsmen in Japan. At least there weren't when I was stationed there. My wife's (married her while stationed at kadena okinawa) brother was arrested. The application he had his attorney submit to apply for bail cost $3,000 back then. It's probably $5,000 today. He also needed to pay the bail in full before he was released. Karpeles not only has a shitload of money at his disposal but must have someone he trusts on the outside helping him.

Thanks for info. The US system is very unusual. There's nothing similar in Europe or Africa. And I guess that even in America, where a loan is possible, it would take a very substantial collateral to get $100K. So the man's far from broke!

of course he's not broke!  He was living in a luxury high rise prior to his arrest.

And probably has millions in stolen bitcoins.  I'm not buying his 'i was hacked' story for 2 seconds.




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July 20, 2016, 09:21:37 PM
Last edit: July 20, 2016, 09:33:52 PM by mayax
 #37

good for him. why do you complain when you want "anonymity" and other libertarian's shits? Smiley

"cry" on your pillow and don't whine on forums, this is my message to all those who are using unlicensed exchangers and to those who are saying that a gov is bad and so on. yes, it's bad but why do you make complaints(when your BTC is stolen) if the  police, FBI ("govs", including police) is so bad? Smiley

you should choose. either you are a man with dignity, you know what you do and if you make a mistake, you will go on further without whining; either you are libertarian pussy (hypocritical) who comes on forums to say:

 "i used an unlicensed exchanger and this one stole my BTC. I want the police to find the thief and to give my money back" (even your usual rhetoric is:  "gov is a shit, police is bad, fuck them)   Wink


P.S there is a 3 rd case: "you" are a really idiot, brain washed and you will always be a "victim" , so the words are useless.I forgot there are many of these who are populating the forums
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July 20, 2016, 09:38:19 PM
 #38

There are people on Reddit wanting to do an AMA with him. His Reddit username is "magicaltux". Maybe if enough people demand it, we can do an AMA and listen to his own version of how things went.

is there a legal system anywhere that would allow that before a trial? i seriously doubt it. i wonder if and when we'll ever get a genuine blow by blow account of what went wrong.

our friend mark don't seem like the type of person to put us out of our misery.
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July 20, 2016, 10:32:40 PM
 #39

Wait did Karpeles pay that $100 000 bail with money out of his pocket? But if he has a bank account in Japan why hasn't the government seized the funds in there already? I think he should have been stripped of all possessions in Japan in order to cover the missing funds that he has embezzled through Mt. Gox. Does anyone know if he paid that bail himself or someone else did on his behalf?
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