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Topic: Mt.Gox founder Mark Karpeles Sentenced to Over Two Years. Is This a Joke? (Read 768 times)

legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
(1) He faced trial in the strictest jurisdiction in the world and no evidence was found that he stole 3 million.
(2) Altruism and losing money has nothing to do with sentencing a man for a crime he did not commit.
(3) Having lost money in MtGox gives you no right to want innocent people in jail. Maybe you should focus your anger at Jed McCaleb and the hackers instead?

4  Huh
5  Shocked
6  Grin
jr. member
Activity: 187
Merit: 1
...why do you think it's okay that people use bitcoin exchanges as wallets?...

...it also seems you don't believe in basic human rights---not surprising given your lynch mob mentality...

...most of the basis for their embezzlement case was fabricated, based on a forced confession after refusing him legal counsel or due process...

No, I never said that this is ok to keep your money on the exchange but there are/where hundreds of people like me, who just wanted to buy or sell a larger amount of cryptocurrencies and made the mistake, and deposited to Mr.Gox during the time of the hack.

Mr.Gox was aware of the hack long before they announce that and didn't warn customers to avoid deposits or to withdraw as soon as possible.
No, they kept deposits open and shut down withdrawals which is a shady behavior and made only to scam more people.

I don't believe in basic human rights? Stop to spread false information sucked from the finger.

Karpeles case was fabricated? So are you saying that Karpeles didn't steal 3 million $ from customers and made up trading books to hide this?
Are you Karpeles shill that you defend him so hard to even made up some facts?

Where you even affected with this hack on Mr.Gox? I assume no.

Additionally, from your writings, I see that you are such an altruist that even if you would lose your life savings by Mr.Gox then no matter what, you would keep supporting Karpeles and the court sentence for sure. Wink I would like to see this.
Broke, with 2 additional jobs, in-depth after all these years but still supporting Karpeles because he loses weight (when in prison) and was forced to confession after refusing him legal counsel or due process.

Of course, the case was fabricated, as you say and Karpeles is not guilty at all. You know that you are the only one in this thread with such an opinion.
Don't you think that so many people can't be wrong?
(1) He faced trial in the strictest jurisdiction in the world and no evidence was found that he stole 3 million.
(2) Altruism and losing money has nothing to do with sentencing a man for a crime he did not commit.
(3) Having lost money in MtGox gives you no right to want innocent people in jail. Maybe you should focus your anger at Jed McCaleb and the hackers instead?
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
...why do you think it's okay that people use bitcoin exchanges as wallets?...

...it also seems you don't believe in basic human rights---not surprising given your lynch mob mentality...

...most of the basis for their embezzlement case was fabricated, based on a forced confession after refusing him legal counsel or due process...

No, I never said that this is ok to keep your money on the exchange but there are/where hundreds of people like me, who just wanted to buy or sell a larger amount of cryptocurrencies and made the mistake, and deposited to Mr.Gox during the time of the hack.

Mr.Gox was aware of the hack long before they announce that and didn't warn customers to avoid deposits or to withdraw as soon as possible.
No, they kept deposits open and shut down withdrawals which is a shady behavior and made only to scam more people.

I don't believe in basic human rights? Stop to spread false information sucked from the finger.

Karpeles case was fabricated? So are you saying that Karpeles didn't steal 3 million $ from customers and made up trading books to hide this?
Are you Karpeles shill that you defend him so hard to even made up some facts?

Where you even affected with this hack on Mr.Gox? I assume no.

Additionally, from your writings, I see that you are such an altruist that even if you would lose your life savings by Mr.Gox then no matter what, you would keep supporting Karpeles and the court sentence for sure. Wink I would like to see this.
Broke, with 2 additional jobs, in-depth after all these years but still supporting Karpeles because he loses weight (when in prison) and was forced to confession after refusing him legal counsel or due process.

Of course, the case was fabricated, as you say and Karpeles is not guilty at all. You know that you are the only one in this thread with such an opinion.
Don't you think that so many people can't be wrong?
member
Activity: 232
Merit: 11
White collar criminals often get very lenient sentences.  Unless you screw over other wealthy rich people like Bernie Madoff they just don't care.  I'm sure the hack was an inside job and completely fabricated.  Using hack is one of the easiest excuses to get away with because its difficult to prove if you are lying.
that's the law. who usually always side with those who have money, so it's not surprising that criminals can always find ways to fool the law, if we have a lot of power or money then the law can be bought.
legendary
Activity: 1652
Merit: 1483
I remember before when he came out of jail looking like a completely different person after losing a ton of weight while in was in there.
...he was forced by interrogators into a confession which he denied the moment he was released from prison. the guy lost 1/3 of his body weight in a year which really suggests overly harsh conditions considering he was never on hunger strike. it seems very clear that he was flagrantly mistreated in prison and i don't think we as human beings should stand for that shit just because we're angry that people lost coins...

I don't think you have read my first post in this thread.

This is just hilarious that you will blame people for holding few cryptocurrencies on Mr.Gox and find Karpeles not guilty and fill sorry for him because he lost weight when in prison.

why do you think it's okay that people use bitcoin exchanges as wallets? that defeats the entire purpose of bitcoin. why do you keep defending idiots like this? take responsibility for your own money! seeing someone rot in prison isn't going to get it back lol.

it also seems you don't believe in basic human rights---not surprising given your lynch mob mentality. most of the basis for their embezzlement case was fabricated, based on a forced confession after refusing him legal counsel or due process. unsurprisingly, prosecutors were unable to prove their case. yet here you are like so many others, cheering for imprisonment like an angry mob, repeating that he embezzled money and robbed his customers. based on what?

do you plan to keep storing your coins on exchanges? and when they get hacked, you're gonna keep rallying up like a lynch mob and cheering for someone to be imprisoned for maybe a hundred years or maybe put to death? maybe you'd prefer a public execution so the masses can enjoy watching the owner suffer and bleed to death?

and what's that going to accomplish? it sure as hell isn't gonna get your coins back......
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
I remember before when he came out of jail looking like a completely different person after losing a ton of weight while in was in there.
...he was forced by interrogators into a confession which he denied the moment he was released from prison. the guy lost 1/3 of his body weight in a year which really suggests overly harsh conditions considering he was never on hunger strike. it seems very clear that he was flagrantly mistreated in prison and i don't think we as human beings should stand for that shit just because we're angry that people lost coins...

I don't think you have read my first post in this thread.

This is just hilarious that you will blame people for holding few cryptocurrencies on Mr.Gox and find Karpeles not guilty and fill sorry for him because he lost weight when in prison.

This is good for him and he will be healthier because was too dick in first place. People pay to lose weight. Karpeles can consider this as a bonus.
hero member
Activity: 2590
Merit: 650
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I remember before when he came out of jail looking like a completely different person after losing a ton of weight while in was in there.
You're right with what you said but for the current accusation he was convicted by the court him and he was later found not guilty of the charges. However, he received a suspended jail sentence of two and a half years.



legendary
Activity: 1652
Merit: 1483
I remember before when he came out of jail looking like a completely different person after losing a ton of weight while in was in there.

tbh that's one of the mitigating factors here for me. he was imprisoned for many months while being deprived of any due process whatsoever. he was forced by interrogators into a confession which he denied the moment he was released from prison. the guy lost 1/3 of his body weight in a year which really suggests overly harsh conditions considering he was never on hunger strike. it seems very clear that he was flagrantly mistreated in prison and i don't think we as human beings should stand for that shit just because we're angry that people lost coins.

this shit really makes me question the humanity of the japanese legal system. considering mark wasn't stealing from customers and he was fucked from the day he bought gox (it was at least 80k BTC insolvent when he bought it), it seems really inhumane to cheer on the idea of more prison time for him. i think karpeles has been to hell and back in the past 5 years already.

gox customers are taking out their anger on karpeles, but 1. they shouldn't have been using gox as a wallet and that's their fault, and 2. they should be directing anger at the actual thieves---look to vinnik, the btc-e admins, etc for that.
sr. member
Activity: 490
Merit: 280
I remember before when he came out of jail looking like a completely different person after losing a ton of weight while in was in there.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
Interesting, Ross Ulbricht was sentenced for lifetime (twice + 40 years extra) for the SilkRoad but Karpeles goes to jail for two years. He can even skip jailtime for a good attitude.. wtf.
double standards ?

Ross Ulbricht was convicted because there was evidence, and as much I would love to see Karpeles spend time in prison till the last BTC will be mined there was none to accuse him of stealing.
And even if he was convicted for that, you can't really compare the two charges, if we go like this even El Chapo can't be convicted of anything, the crimes, the drug deals etc, etc were done by his men, I doubt he was selling joints behind a 7eleven.

If you want to compare two similar cases, then there is Madoff with 150 years, but again, there was proof.





legendary
Activity: 1946
Merit: 1224
'Life's but a walking shadow'!
The rich as they say hardly go to jail, and in one way or the other, that has happened in this case, his sentence is a pretty weak one and I really wonder why, I think those who are rich have a way or two in circumventing justice than those from the down side
member
Activity: 238
Merit: 10
Interesting, Ross Ulbricht was sentenced for lifetime (twice + 40 years extra) for the SilkRoad but Karpeles goes to jail for two years. He can even skip jailtime for a good attitude.. wtf.
double standards ?
Karpeles changed some records, and Ulbricht was charged like a drug kingpin. Not saying that the court was fair to Ross, but it doesn't mean Karpeles should be rotting in jail after not stealing anything. Catch the hackers and sentence them. Maybe even McCaleb - as others have said, he is the one who let the exchange get hacked.
legendary
Activity: 2828
Merit: 1497
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Interesting, Ross Ulbricht was sentenced for lifetime (twice + 40 years extra) for the SilkRoad but Karpeles goes to jail for two years. He can even skip jailtime for a good attitude.. wtf.
double standards ?

Yeah I think karpeles will have a lighter sentence then ulbricht being sentenced in japan while silk road was in the united states.
But I think they will allow him to still tweet from prison just as ulbricht has been found doing from his incarceration.
https://nakedsecurity.sophos.com/2018/08/16/silk-road-founder-ross-ulbricht-is-dictating-tweets-from-prison
legendary
Activity: 1652
Merit: 1483
Interesting, Ross Ulbricht was sentenced for lifetime (twice + 40 years extra) for the SilkRoad but Karpeles goes to jail for two years. He can even skip jailtime for a good attitude.. wtf.
double standards ?

apples and oranges.

drug trafficking is viewed in a much harsher light, and that's what they were trying to pin on ulbricht. it was also the first case against a darknet marketplace operator, so the feds were very intent on making a strong example of him. they even tagged on a "kingpin" charge usually reserved for drug cartel leaders.

i think the japanese prosecutors wanted to make an example of mark, but it all sort of fell apart when it became clear he wasn't embezzling money. he wasn't stealing from his clients. he was stolen from (in fact gox was insolvent when he bought it) and tried to cover it up. in the scheme of financial crimes (which are rampant in our societies) these weren't the heaviest of charges. and he already served a year inside prison while apparently being deprived of due process.
legendary
Activity: 2184
Merit: 3134
₿uy / $ell
Interesting, Ross Ulbricht was sentenced for lifetime (twice + 40 years extra) for the SilkRoad but Karpeles goes to jail for two years. He can even skip jailtime for a good attitude.. wtf.
double standards ?

legendary
Activity: 2296
Merit: 1176
Even though the sentence is only 2 years, this time can be total nightmare for him  Smiley
legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
Any of you guys think that the verdict will be different if Mark Karpeles is tried in the USA for the same case? (embezzlement and illegal manipulation of accounting.) Just for the sake of argument, I think Mark will be given harsher punishment.

I am 100% sure that if this trial will be in the USA then Karpeles would have to spend for sure some additional time in jail and pay back the money he has stolen at least this 3 million which were confirmed that he took from his clients.

Additionally, he should be restricted from opening a new exchange or to apply for any kind of trading license or any other regulations related to trading.
copper member
Activity: 448
Merit: 3
The rich actually control the world economy. They all have a meeting point where they settle issues regarding fraud and how they might get their share off it. They are cabal that must be stopped. They careless about the common man on the street. This is so in many countries. My own country is classified as a failed state, even if my government does deny this.
copper member
Activity: 336
Merit: 1
If it happened in a country that doesn't suck up to the rich people then he would be put into jail asap, and then put into another place even worse. He has paid off someone for sure
legendary
Activity: 1652
Merit: 1483
Lawyers finally decided they have enough bitcoins for themselves before the next bull run starts.

They sure know how to drag things out. Dirty pricks.

the only thing that got wrapped up here is the criminal proceedings against karpeles. the bankruptcy/civil rehab stuff is still dragging out and probably will for some time. they're still pocketing court fees and expenses from the BTC sold by the trustee.

i guess it's an unprecedented situation to have a bankrupt company that---in fiat terms---has assets far above and beyond its liabilities. it's amazing to me that 5 years later, creditors still haven't received a dime back.
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