Former Mt. Gox Chief Karpeles Arrested, Japanese Police Say
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Mark Karpeles, former chief executive officer of the bankrupt Mt. Gox Co. Bitcoin exchange, was arrested Saturday for allegedly falsifying account data.
Karpeles, 30, accessed a Bitcoin trading system on a U.S. server in February 2013 to record transfers totaling $1 million to an account he owned, although the amount may not have been actually transferred, according to a statement read by a police official Saturday.