Mt. Gox’s Mark Karpeles Found Guilty Over Data Manipulation in Tokyo Court

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Mark Karpeles, former CEO of the long-defunct bitcoin exchange Mt. Gox, has escaped some charges, but been found guilty of manipulating exchange data in a Japanese court.

According to a report from The Wall Street Journal on Friday, the Tokyo District Court found Karpeles guilty of wrongfully making electronic records connected to Mt. Gox’s books, but innocent on charges of embezzlement and breach of trust.

Karpeles was handed a suspended sentence of two years and six months. He must maintain a good record over the next four years to avoid jail time.

The court’s verdict comes almost five years after Mt. Gox filed for liquidation in April 2014 after claiming it was hacked for 850,000 bitcoin, some of which was later

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