Mark Karpeles Still Faces Class Allegations in the U.S. After Japan Verdict

Mark Karpeles, the chief executive of the now defunct bitcoin exchange Mt. Gox, has been denied a motion to stay in a class action lawsuit in the U.S. The Northern District of Illinois lawsuit originally filed by Anthony Motto and Gregory Greene accuses Karpeles of criminal conversion and fraud. Also read: Kraken Offers $100K Reward … Read more

Cryptocurrency Accounts for Less Than 2% of All Japanese Money Laundering Cases

Money laundering cases related to cryptocurrencies in Japan have increased significantly in 2018. Nevertheless, their number remains a fraction of the total. According to the Japanese press, the majority of reported money laundering instances actually involve banks and other traditional financial institutions. Also read: Platform for Crypto Payments to Bank Accounts Launching in the UK … Read more

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