Irony of Ironies as Mark Karpeles Could Profit $1 Bln from Mt. Gox

The former CEO of the now infamous MtGox Bitcoin exchange has suddenly hit a spot of luck which could turn into a huge windfall. In a cruel twist of fate, the man at the helm of the largest Bitcoin scandal to date may wind up profiting nearly $1 bln post-settlement.

Mark Karpeles, who’d previously been charged with money laundering and embezzlement, was in charge of Mt. Gox when one million Bitcoins were stolen from the exchange. At the time of the filing of the bankruptcy for the company the value was approximately $400 mln…

Read Full: Irony of Ironies as Mark Karpeles Could Profit $1 Bln from Mt. Gox