MtGox bitcoin chief Mark Karpeles arrested in Japan

August 1, 2015 7:28 AM

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MtGox bitcoin chief Mark Karpeles arrested in Japan

Japanese police have arrested the CEO of the failed company MtGox, which was once the world's biggest exchange of the virtual currency, bitcoin.

Mark Karpeles, 30, is being held in connection with the loss of bitcoins worth $387m (£247m, €351m) last February.

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