Japanese police on Saturday arrested Mark Karpeles, head of the collapsed Mt. GoxBitcoin exchange, over the disappearance of about $390 million worth of the virtual currency, local media said. France-born Karpeles, 30,
In a fresh possible headache for regulators, including in India, ‘gold for Bitcoin’ trades are emerging as a new fad in the world of anonymous transactions, fuelling further the appetite for virtual
Bitcoin investors voiced anger Wednesday after the first creditors’ meeting for failed Tokyo trading exchange Mt. Gox, whose spectacular collapse hammered the digital currency’s reputation and left a trail of unanswered questions.
Europe should update its laws to reflect the rise of digital currencies, the head of a Bitcoin start-up said, after a successful U.S. auction of Bitcoins was seen as a sign of
A list of potential bidders for the Bitcoin auction was accidentally leaked by the U.S. Marshals Service on Wednesday, according to the agency. The Marshals Service confirmed that it accidentally released the
U.S. and Canadian customers of failed Tokyo-based Bitcoin exchange Mt. Gox have agreed to settle their proposed class action lawsuits that alleged the company defrauded them of hundreds of millions of dollars.
In June 2011, when customers of now-bankrupt Bitcoin exchange Mt. Gox agitated for proof that theTokyo-based firm was still solvent after a hacking attack, CEO Mark Karpeles turned to the comedy science
Prominent Bitcoin entrepreneur Charlie Shrem has been indicted by a federal grand jury in New York on charges of funneling cash to the illicit online marketplace Silk Road. Shrem, known as one
The boss of a Bitcoin company in Cyprus has fled abroad days after it suddenly stopped operations, in a blow to the virtual currency’s once vaunted prospects on the island. Privately owned
Wading into a murky tax question for the digital age, the U.S. Internal Revenue Service said on Tuesday that Bitcoins and other virtual currencies are to be treated, for tax purposes, as
TeraExchange said on Monday it had constructed a swap based on the Bitcoin virtual currency, a step that would bring the emerging payment system under the oversight of U.S. regulators for the
Mt. Gox, a leading bitcoin exchange that late last month filed for bankruptcy protection, updated its website on Tuesday to allow customers to log in and verify their wallet, or account, balance.