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MtGox bitcoin founder learns fate on embezzlement charges - Coins On News
Date created : 15/03/2019 – 00:01 Tokyo (AFP) A Japanese court Friday hands down a verdict in the embezzlement trial of Mark Karpeles, the former high-flying creator of the MtGox bitcoin exchange, whose collapse sparked a crisis for the cryptocurrency. Karpeles could be sentenced to as much as 10 years behind bars on charges of pocketing 341 million yen ($3 million) of clients’ money and falsifying computer data over a period of several years. Prosecutors claim the high-rolling Frenchman, 33, splashed the ill-gotten proceeds on a luxury lifestyle, as well as on overseas trips for his estranged wife. MtGox was