Mark Karpeles, the operator of Bitcoin exchange/scam Mt. Gox, was charged Friday with embezzlement in connection to its collapse.
Karpeles, 30, was arrested last month in Tokyo, where he remains in custody after being accused of falsifying data and snagging millions of dollars' worth of the digital currency.
Tokyo-based MtGox shuttered last year after admitting 850,000 coins -- worth around $480 million at the time, or $387 million at current exchange rates -- had disappeared from its digital vaults.
The exchange, which once said it handled around 80 percent of global Bitcoin transactions, filed for bankruptcy protection soon after the cyber-money went missing, leaving a trail of angry investors calling for answers.
The company initially said there was a bug in the software underpinning Bitcoins that allowed hackers to pilfer them.
Previously: Mt. Gox files for bankruptcy
Facebook is said to be developing a ‘stablecoin,’ which is a kind of digital currency pegged to the U.S. dollar.
“After Gerry’s death, Quadriga’s inventory of cryptocurrency has become unavailable and some of it may be lost,” said his widow.
Laurie Penny (previously) got sent on the 2018 CoinsBank Blockchain Cruise -- a four-day cruise filled with "starry-eyed techno-utopians and sketchy-ass crypto-grifters" who solved the fact that there almost no women signed up using the "free market": they paid teen sex workers from Ukraine to ship out with them.
Seems like drones are doing a lot of jobs these days, from reconnaissance to delivery. Now, we can add “keeping the Death Star safe” to that list. Whether you’re a drone enthusiast or a Star Wars fan, these Star Wars Propel Drones are undeniably the coolest toy around. Yes, that’s a fully functional drone replica […]
It’s spring clearance time for the Boing Boing Store, when some of the best deals from the holidays return even cheaper than before. From top-rated apps to educational software to the cutest record player of all time, they’re all back with a little extra incentive. Shop your heart out before tax season wraps up! Use […]
Big companies want automation on a big scale. Doing that means diving into the tricky world of machine learning and data science. And no matter what platform you’ll be implementing it on, you can learn how with the Machine Learning & Data Science Certification Training Bundle. In 48 hours and through eight courses, this bundle […]