Mt. Gox CEO Given a Suspended Sentence for Exchange Data Manipulation

Now-defunct bitcoin exchange Mt. Gox’s CEO Mark Karpeles has been given a two-and-a-half year suspended sentence by the Tokyo District Court after being found guilty of tampering with records. Karpeles was initially on trial for three accounts related to breach of trust at his exchange. He was accused of illegally manipulating exchange records to hide […]

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A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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