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Former employees of Neo & Bee, George Papageorgiou, the ex- COO, and Øystein Aaby, the ex- Compliance and Risk Management Officer, took to reddit to give their take on the company. They felt that after Danny Brewster, the CEO of Neo & Bee, made a new statement regarding...

On February 28, 2014, Mt. Gox applied for the commencement of a civil rehabilitation procedure at the District Court of Tokyo. In the time thereafter, an investigation took place in regards to the loss of over 850,000 bitcoins, of which, 100,000 of them belonging to the Japanese...

The CEO of ex-Bitcoin exchange Mt.Gox, Mark Karpeles, has said that he will not go to America to answer questions about the bankruptcy case. Mt. Gox lawyers used a subpoena from the Financial Crimes Enforcement Network (FinCEN) in the court filing to support why Karpeles will not...

To reinvent the fallen ex-bitcoin exchange, MtGox, a group of investors is on the lookout to buy the bankrupt exchange for one (1) bitcoin, the WSJ reported. The group of investors consists of Brock Pierce, a former child actor who later became an entrepreneur, William Quigley...

Mark Karpeles, the CEO of the ex-bitcoin exchange MtGox, is nowhere to be found as the date for the appearance in the U.S court approaches, his attorney informed a federal judge. Tibanne KK is another of Karpeles’ units identified in the lawsuit filed in Chicago federal court in...

Even before MtGox declared bankruptcy protection, the ex-Bitcoin exchange was having internal problems. In fact, two years before filing for bankruptcy, around six employees challenged MtGox CEO Mark Karpeles about the details of their clients’ money. The employees wanted...

Weekly Report: March 28th, 2014 Here at CoinReport we like to breakdown the week’s bitcoin news and headlines for our readers. This week, ending March 28th 2014, we have seen more discussions on bitcoin and its regulation, heard about more security scares and witnessed the MtGox...

The now ex-bitcoin exchange based in Tokyo, Japan, Mt. Gox posted a recent update on its website on Friday, March 28th, regarding the current ongoing investigation into the demise of the exchange. The court sanctioned investigation into why the bitcoin exchange fell apart and...

Researchers at ETH Zurich University in Switzerland have released a new report mapping its findings on the now ex-bitcoin exchange, MtGox and transaction malleability. It has determined that the Tokyo based exchange may possibly have lost only 386 bitcoins due to issues...

Mark Karpeles Mt. Gox creditors are trying to get the owner of the bitcoin exchange, Mark Karpeles, to come to the US for questioning in regards to fraud and the collapse of his company. A US judge was asked to order Karpeles to return to the US by Gregory Greene and Joseph Lack....