‘Mt. Gox money used customers for operating’

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There would have been two years ago already, doubts over the financial lwa le integrity of the bitcoin exchange Mt. Gox. Ceo Mark Karpeles was by the staff interviewed about the use of customer funds to operating expenses to cover. Mt. Gox has filed for bankruptcy.

That reports Reuters on the basis of interviews with employees of Mt. Gox. That would, in 2012, all of the bell have pulled over the financial practices of the bitcoin exchange. They had the suspicion that Mt. Gox customer funds used to meet the rising operating costs to cover. So it was that ceo Mark Karpeles is suspected to channel money to rent an office building, several gadgets and a car to pay.

Karpeles would during a conversation with conscious employees have denied that customers ‘ money was used to cover the operating expenses. The ceo gave, however, no insight into the finances of Mt. Gox and refused to explain how the losses of the company were covered.

There is already longer any doubt about the financial integrity of the bankrupt bitcoin exchange. The company was previously known that there are approximately 850.000 bitcoins were stolen, say, by the means of transaction malleability. Researchers, however, that this bug only 386 bitcoins stolen could be, making the representations of Mt. Gox in doubt were drawn. In Japan the authorities investigation into the financial practices of Mt. Gox.