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Lost in translation: the tangled tale of Mt. Gox's missing millions

Tim Hornyak and Jeremy Kirk | March 10, 2014
Japanese authorities are trying to unravel what happened at Mt. Gox, the popular Bitcoin exchange that collapsed last week, and recent revelations are only serving to thicken the plot, not clarify it.

As a small protest gathered outside the company offices and Mt. Gox suspended withdrawals, management issues couldn't be ignored anymore. As part of his final act in the Mt. Gox drama, Karpeles was bowing in ritual Japanese apology at the bankruptcy press conference.

"I am deeply sorry for causing trouble," he said.

 

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