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Bitcoin Daily: Mt. Gox Ex-CEO Denies Charges In Court; Russian Shoppers Make Crypto eCommerce Payments

December 27, 2018
Bitcoin Daily
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Bitcoin Daily: Mt. Gox Ex-CEO Denies Charges In Court; Russian Shoppers Make Crypto eCommerce Payments

December 27, 2018
The ex-CEO of the Mt. Gox bitcoin exchange, who faced charges of alleged embezzlement, denied guilt in a Tokyo court during closing arguments, Coindesk reported. The cryptocurrency exchange failed after it reportedly lost hundreds of thousands of bitcoins worth $480 million. Although the ex-CEO isn’t facing accusations over the losses from hacking, prosecutors contend that he […]