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My New Business Will Make "Japan Blockchain Leader"

The former CEO of the defunct cryptocurrency exchange Gox, Mark Karpeles, wants to build a new blockchain business in Japan.

Karpeles & # 39; Blockchain Gift to Japan

These were the plans Karpeles told the press in comments of June 5 when he demanded a data-manipulation condemnation part of the mountain. Gox trial.

While the details are sparse, the Associated Press (AP) claims he plans to use "the same computer technology" for the project, which Karpeles did not explicitly refer to.

According to AP the 34-year-old Frenchman wants to "make Japan the market leader in blockchain technology". Gox. The Japanese prosecutor's office had originally demanded that Karpeles be found guilty of embezzlement and ten years in prison. He later evaded these allegations, was instead convicted of data manipulation and sentenced to two and a half years probation.

Lawyers even fight this accusation, as Karpeles revealed last month, and have consistently protested against his innocence during the nearly six-year legal debacle of the stock market.

In 201

3, a total of 850,000 bitcoins disappeared from Mt. Gox, suspecting Karpeles of security and user-money interaction. In 2018, as part of the rehabilitation process, he publicly stated that he was not interested in claiming an excess of 160,000 coins due to exchange rate fluctuations as users lost their money.

"I do not want that. I do not want that billion dollars, "he wrote during a Reddit AMA session.

From the first day I never expected to get any of this bankruptcy. The fact that this is a possibility today is a departure, and I believe it is my responsibility to ensure that this does not happen.

Karpeles updates the Japanese crypto sector

It remains to be seen what kind of project this is Now it's not an easy task to imagine another stock-market-driven venture.

As Bitcoinist reported, the Japanese stock market sector is booming and stringent licensing and regulatory controls are expected to gain further importance. Consumer confidence breaches are not occurring.

  Blockchain Crypto Exchange Giant Coinbase Announces Opening of Japan Office

Mt. Gox was only the first in a series of Japanese stock market implosions. In 2018 over $ 500 million Altcoins left the Coincheck platform, which has now been re-launched under a new owner.

The sector has since been interested in global companies, including Yahoo! Japan, which launched its newly acquired Tao Tao Stock Exchange on May 30.

Shortly before, a Japanese blockchain fund announced it was pumping $ 200 million into the operator of the South Korean Bithumb Stock Exchange.

What are you thinking? Mark Karpeles plans? Let us know in the comments below!

Pictures about Shutterstock

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