Former CEO of Mt. Gox asks the court to drop the fraud charges …

Former CEO of Mt. Gox asks court to drop charges of fraud and neglect of duty

The ex-CEO the discontinued bitcoin exchange Mt. Gox Mark Karpeles intends to seek termination of proceedings, started him former clients back in 2014.

According to the docs, according to in federal court in Chicago on January 8, Karpeles asks to make decision summary judgment, as main plaintiff Gregory Greene admitted that his claims were invalid or unfounded.

Former CEO of Mt. Gox asks the court to drop the fraud charges ...

“After the resolution of claims of other plaintiffs in mid-2018, instead of Togo, so that withdraw your claim based on accusations, which Green immediately admitted during subsequent proceedings invalid or unfounded, Greene continued to insist on their requirements. Has come time put an end to this process “, – say lawyers.

Karpeles asks to acquit him on three charges: turning the property entrusted to him in his favor, neglect of duties and consumer fraud. On the first point is he indicates the absence evidence Togo, what is he or who-or yet appropriated bitcoins or fiat currency users. Likewise, he submits that the plaintiff does not have sufficient evidence of absence from Mt. Gox proper precautions, which could indicate leadership neglect exchanges. Karpeles calls consumer fraud allegations controversial and unfounded.

Former CEO of Mt. Gox asks the court to drop the fraud charges ...

December 2018 of the year Karpeles refused to plead guilty for embezzling $ 3 million of reserves of Mt. Gox and account manipulation records exchanges for concealment losses. Subsequently he was acquitted on the first count, but recognized guilty of reporting fraud.