Topic: Mt Gox CEO Mark Karpeles Implicated in Silk Road Trial (Read 4607 times)

In the beginning he has hosted bitcointalk.org ( and this is why he has got the "VIP" rank) , read this post :

Don't insult Satoshi! 

[...] it would be funny if karpeles was satoshi .

In the beginning he has hosted bitcointalk.org ( and this is why he has got the "VIP" rank) , read this post :

I don't think there would be much proof to implicate him. But would have been nice if some solid evidence had emerged.

I don't know if he was the real DPR, or if he was involved in Silk Road in any way.

BUT I JUST LOVE TO PUT ANY KIND OF BLAME ON THAT FAT SUCKER SCAMMER! HE WAS THE ONE !!

Bitcoin > mark k

Bitcoin > Satoshi

Bitcoin > SR

Bitcoin > DPR

Nuff said

"The trial of alleged Silk Road ringleader Ross Ulbricht took a surprising twist today when a witness from the US Department of Homeland Security (DHS) apparently claimed that Mark Karpeles, former CEO of the embattled bitcoin exchange Mt Gox, was once suspected to be the black market's mastermind, Dread Pirate Roberts."

Source: http://www.coindesk.com/mt-gox-ceo-mark-karpeles-implicated-silk-road-trial/

What do you think guys ?

if "you" say that it is possible only because the defense's mention Mark Karpeles as being "the pirate" then you have to say that  the defense's mention of Mark Karpeles's ownership of the site Bitcointalk.org too

MagicalTux got "free" VIP status for hosting the forum for a long time, too. I think that him plus Hal are the only free donator statuses I gave out. You'd have to do something pretty extraordinary to convince me to give out another free one.

I don't see any point in donating 5 BTC now and then 5 BTC later. You won't get Donator status until you've donated a total of at least 10 BTC. It'd be better for you to earn interest on the 5 BTC somewhere until you're ready to pay 10 BTC. The forum isn't in need of money.

His main worry throughout the investigation was that some other law enforcement was going to screw it up.  DerYeghiayan was furious with other agents for seizing Karpeles' websites and meeting with his attorneys.  He was afraid to tip Karpeles off that he was a target in the Silk Road investigation.  The defense's story will likely be that Karpeles found out they were closing in on him on Silk Road and set up Ulbricht to save his own skin.   

If this turns out to be real I think it will be a bad hit for bitcoin enviroment

During cross examination the jury was awake and interested in everything being said.  Just from my observation the defense's strategy seems to be working.  You have an agent testifying about how he was able to assume multiple different identities online and take over the moderator account "cirrus" without being detected so how can they then argue that there was only one DPR and Ulbricht was it?  Keep in mind that Karpeles wasn't just a suspect, the agent believed he had probable cause to search Mr. Karpeles' email accounts.  

The defense also poked many holes in the prosecution's case.  The agent did not know exactly when the buyers and sellers guides were posted.  The agent did not know when the escrow and commission system was started.  The agent did not know when the bitcoin tumbler was started.  The agent did not know when hacking equipment and software was first sold on Silk Road.  These questions seem to imply that the defense is going to, as they already have, readily admit that Ulbricht had a hand in starting Silk Road but it is these features that add the damaging money laundering, conspiracy, and hacking charges.

The Bitcoin Talk forums were also brought up on Thursday.  The defense is going to say that Karpeles created the Bitcoin Talk forums.  And both the Bitcoin Talk forums and the Silk Road forums not only use the same software but the exact same version of the software even though other versions have come out.  The defense will also make the point that this software is not commonly used to make online forums.    

It's terrible but that actually made me lol.

...they all said no but it could have been law enforcement from another team unrelated to his investigation.

How many BTC did you lose?

I was in the courtroom on Wednesday and Thursday.  The jurors appeared bored with the direct examination, most were fighting just to stay awake.  The exception was when Mr. DerYeghiayan started talking about what was on Mr. Ulbricht's laptop when he was arrested and what scraps of paper were found in his bedroom trash can.  The jurors appeared very interested those two times.  

During cross examination the jury was awake and interested in everything being said.  Just from my observation the defense's strategy seems to be working.  You have an agent testifying about how he was able to assume multiple different identities online and take over the moderator account "cirrus" without being detected so how can they then argue that there was only one DPR and Ulbricht was it?  Keep in mind that Karpeles wasn't just a suspect, the agent believed he had probable cause to search Mr. Karpeles' email accounts.  

The defense also poked many holes in the prosecution's case.  The agent did not know exactly when the buyers and sellers guides were posted.  The agent did not know when the escrow and commission system was started.  The agent did not know when the bitcoin tumbler was started.  The agent did not know when hacking equipment and software was first sold on Silk Road.  These questions seem to imply that the defense is going to, as they already have, readily admit that Ulbricht had a hand in starting Silk Road but it is these features that add the damaging money laundering, conspiracy, and hacking charges.

The agent also insisted that he thought DPR was male but he also admitted that he was surprised to find out that the original "cirrus" was female.  The defense also brought up how the price of bitcoin jumped up to over a thousand dollars immediately after Ulbricht's arrest.  Since Mt. Gox's trading bots may have been the reason behind that price increase expect the defense to make the case that Ulbricht was set up as the fall guy so that Karpeles could benefit from that rapid price increase.  This was not brought up in the courtroom but I wouldn't be surprised if it is brought up later.

The Bitcoin Talk forums were also brought up on Thursday.  The defense is going to say that Karpeles created the Bitcoin Talk forums.  And both the Bitcoin Talk forums and the Silk Road forums not only use the same software but the exact same version of the software even though other versions have come out.  The defense will also make the point that this software is not commonly used to make online forums.