Japan court hands Mt. Gox founder 2-1/2 years suspended sentence: Kyodo

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Japan court hands Mt. Gox founder 2-1/2 years suspended sentence: Kyodo

Escapes jail after loss of hundreds of millions of dollars worth of bitcoins and cash.

A Tokyo court on Friday handed the founder of the now-defunct Mt. Gox bitcoin currency exchange a 2-1/2-year suspended sentence for his role in the loss of hundreds of millions of dollars worth of bitcoins and cash, Kyodo news agency reported. The court suspended the sentence for Mark Karpeles ...

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