Former Mt Gox CEO registers new blockchain project in Japan

Mark Karpeles, former CEO of defunct crypto exchange Mt Gox, is “starting from zero” with a new blockchain cloud company, the AP reports.

Following the exchange's major hack and subsequent collapse in 2015, Karpeles was arrested and spent 11 months in Japanese detention. But in March this year he was cleared of fraud and embezzlement charges, leaving one conviction for tampering with records, which he is appealing.

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