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Topic: How soon before we see Mark Karpeles in court? (Read 2741 times)

legendary
Activity: 1582
Merit: 1000
legendary
Activity: 1610
Merit: 1000
Well hello there!
The sad reality is people like Karpeles rarely go to jail.  And even if they do, it will be a proverbial slap on the wrist.  More than likely if Karpeles finds it unbearable to remain in Japan or his native homeland that he will probably end up sipping a latte on some beach in Cyprus. 
soy
legendary
Activity: 1428
Merit: 1013
If the company doesn't find an investor then there's no way to recover the lost btc.  As presently I'm a loser in this, it would be nice to imagine it could be taken out of the fire even if it takes a year.  By that time most of my coins held by him would meet the requirements for long term capital investment assets twice over. (Maybe if we keep repeating loudly enough that the btc can't be recovered some ass will happily post how clever he was getting away with so many bitcoins.)
hero member
Activity: 714
Merit: 500
NEED CRYPTO CODER? COIN DEVELOPER? PM US FOR HELP!
He should be in prison for life but that's certainly not the end of what people want. Everyone wants their money back which i think is never going to happen he should be forced to return money which doesn't belongs to him the money he has stolen. 
member
Activity: 85
Merit: 10
Mark Karpeles is Jewish, probably member of the Zionist Illuminati. He will be immune to all these legal actions.
member
Activity: 96
Merit: 10
I'd like to choose the option 5.  But more likely to happen that he will find a buyer normal service can resume and no court case will transpire
legendary
Activity: 1582
Merit: 1000
If this is a government conspiracy to try to regulate Bitcoin; you will soon find Mark Karpeles executed and it will be labeled as "suicide"
sr. member
Activity: 476
Merit: 250
I think he will most likely walk away as a free, happy man, settling down on a nice island somewhere in the Pacific, living in a castle and laughing all the way to the bank. Other key players from the Bitcoin Foundation will probably be joining him.

legendary
Activity: 1204
Merit: 1002

Mark Karpeles at the Tokyo District Court.
full member
Activity: 217
Merit: 100
Bankruptcy protection does not protect from fraud charges. I have about 10 emails that will very clearly demonstrate that this was a case of fraud and not the BS he is saying.
hero member
Activity: 868
Merit: 1000
His lawyers will probably be in court filing for bankruptcy within a week.
member
Activity: 77
Merit: 10
I think a) Mark has a lawyer, so he might not have to be in court for a year+ and b) even if he didn't, it could be months.
full member
Activity: 238
Merit: 101
If he solves the mess by finding an investor nothing will happen. If not he'll be arrested.

+1 he needs to have the books in good standing
legendary
Activity: 1022
Merit: 1000
If he solves the mess by finding an investor nothing will happen. If not he'll be arrested.

There are some investigations and law suits pending atm and I guess he will go to court for either of these irregardless if he finds a buyer or not. Finding one would only reduce the future number of law suits he will find himself in resulting from recent events, maybe even get him out of any of those but I guess he wont go unmolested by any trails from here on.
member
Activity: 101
Merit: 10
I thin kthat he won't go to the court  Roll Eyes

I also think that he won't go there. I don't now how but he'll probably escape it.
legendary
Activity: 1652
Merit: 1265
If he solves the mess by finding an investor nothing will happen. If not he'll be arrested.
full member
Activity: 238
Merit: 101
After the Olympus scandal Japan toughened up its anti fraud laws so there is a small chance he could have broken these,  but it is highly unlikely that a prosecutor has any appetite for pursuing this given the lack of legal precedence in bitcoin.  The losses are fairly small in the grand scheme of things and International pressure is going to be pretty low.  The US authorities are probably glad the exchange has shut.  He will never go to court in my opinion even if he has broken the law which is far from certain.  

A private prosecution is always on the cards, but if they are bankrupt it seems like a large waste of money.  The administrators would probably get it dismissed before it ever reaches court.

But here is the US they don't really care about lack of legal procedures, they will accuse him of everything, including running a Ponzi Scheme, Look at Pirate 40,
full member
Activity: 232
Merit: 100
After the Olympus scandal Japan toughened up its anti fraud laws so there is a small chance he could have broken these,  but it is highly unlikely that a prosecutor has any appetite for pursuing this given the lack of legal precedence in bitcoin.  The losses are fairly small in the grand scheme of things and International pressure is going to be pretty low.  The US authorities are probably glad the exchange has shut.  He will never go to court in my opinion even if he has broken the law which is far from certain.  

A private prosecution is always on the cards, but if they are bankrupt it seems like a large waste of money.  The administrators would probably get it dismissed before it ever reaches court.
newbie
Activity: 56
Merit: 0
He will be arrested soon, loosing coins because trans. malleability is good story for his mom and dad only.
sr. member
Activity: 434
Merit: 250
I thin kthat he won't go to the court  Roll Eyes
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